Shinyei Kaisha Corporation opened a representative office in Baku. It cooperates with the Ministry of Emergency Situations of Azerbaijan to stabilize landslide on the Bail descent.
The company Shinyei Kaisha is one of the ten largest corporations in Japan and is engaged in providing solutions for the safe maintenance of infrastructure, prevention and disaster prevention, delivery of Japanese construction materials, electrical products and engineering products, as well as the creation of educational systems in the field of mechatronics.
The corporation was founded in 1887 and has offices and subsidiaries in several countries. The annual turnover is 50 billion Japanese yens. - 08D-
Economics
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Azerbaijan's agricultural sector faces a critical moment as modest growth in grain production fails to offset a troubling decline in productivity. Data from the State Statistics Committee shows that total grain and legume production grew by 0.7% year-on-year, reaching 3.2 million tons by November 1, 2024. However, this growth is overshadowed by a sharp 6.2% drop in yield, highlighting structural inefficiencies in the sector.
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Azerbaijan has dispatched its first rail cargo shipment from Baku to China, marking a significant milestone in its ambitions to become a critical hub along the Middle Corridor. The Azerbaijan Railways (ADY) confirmed on Sunday that the inaugural "Baku-Xi'an" export block train, comprising 62 40-foot containers, has begun its journey.
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Azerbaijan’s Cabinet of Ministers approved a detailed framework for the preparation of sector-specific strategic plans aimed at guiding the country’s economic development over the medium term.
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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.
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