Production of Building Materials Increased by 13.7%
In the first eight months of this year, Azerbaijan produced non-metallic building materials totaling 312 million manats, which is 13.7% higher than in the same period of 2014, the State Statistics Committee said.
Cement production for the period amounted to 1 million 828.3 thousand tons, of which 200,000 tons accounted for August. The volume of production grew by 15.1%.
The production of glass fiber also increased (566.6 tons, + 3.1 times), as well as plaster (127.4 thousand tons, + 2%), lime (11.5 thousand tons, + 52.8%), artificial stones and bricks based on cement (100 thousand tons, + 85.5%), etc.
At the same time the production of asphalt, concrete and brick factories decreased respectively by 8.7%, 40.3% and 0.3% -----08D
Economics
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Azerbaijani President Ilham Aliyev signed a decree on Monday aimed at improving social welfare, increasing the country’s minimum monthly wage to 400 manats ($235) starting January 1, 2025.
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Turkish companies YDA and ASFAT plan to build a shipyard near Kazakhstan's port of Kuryk to address the country's domestic fleet shortage, Kazakhstan's Minister of Transport Marat Karabaev announced on Monday during a parliamentary session. The project underscores Kazakhstan's ambitions to strengthen its maritime capabilities and logistics infrastructure.
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Kazakhstan's Minister of Transport, Marat Karabayev, unveiled the country’s bold roadmap for transforming itself into a premier transport and logistics hub in Eurasia. Speaking in parliament on Monday, Karabayev detailed strategies to capture a share of the massive $1 trillion annual freight flows between the East-West and North-South corridors.
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The ASCO-owned ferry "Shahdag," freshly refurbished, has resumed operations on the Azerbaijan-Kazakhstan route, aiming to alleviate severe truck congestion at ports on both sides of the Caspian Sea.
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