developing A concept of demolishing high-rise residential buildings which have exhausted their useful lives in all nine districts of Baku is being developed, and new homes will be built in their place, reporters were told by the Minister of Emergency Situations Kamaladdin Heydarov. According to him, construction will be carried out by construction companies. Residents of old houses will be provided with apartments in new buildings. The remaining apartments will be sold to construction companies and it will be their commercial benefit.
The Emergencies Ministry, for its part, will support the companies, but it is not specified what will be support.-03D-
Economics
-
Azerbaijan’s ADY Express, a subsidiary of Azerbaijan Railways CJSC, signed several strategic agreements on the sidelines of the Logitrans Türkiye 2024 exhibition in Istanbul, Turkey, reinforcing its commitment to expanding freight transport services along the Middle Corridor.
-
Azerbaijan plans to establish state-of-the-art battery storage facilities for green energy with a total capacity of 350 MW within the next 4-5 years, a well-informed source in the Ministry of Energy told Turan.
-
Shareholders of the Caspian gas condensate "Absheron" project plan to approve the Front End Engineering Design (FEED) in December, laying the groundwork for full-scale development of the field, an informed source told Turan.
-
In 2024, Europe will receive approximately 12.5 billion cubic meters of gas from Azerbaijan, with the list of buyers expanding to 12 countries. Speaking at an energy forum in Istanbul on Friday, SOCAR President Rovshan Najaf announced that cooperation with a 12th, new gas buyer would begin in December.
Leave a review