Tender for Alat-Astara highway
JSC Azeryolservis at the Ministry of Transport has announced a tender for the construction of a 32.2 km section of Alat-Astara highway, which runs from the train station to the city Jalilabad Masalli. The tender will allow companies to meet not only the technical but also the financial criteria.
According to the technical requirements of the construction of the road, it has a new road axis. On this road there are 15 road and a railway bridge, two other road node. Construction work to be completed in 2.5 years.
Note that Alat-Astara highway is an important component of two major international transportation projects - the "North-South" and "East-West". It is on the transport route linking Russia, Azerbaijan and Iran, which is an important part of the North-South corridor. Part of the road from Alat to Masalli is 112 kilometers long and is constructed by loans from the World Bank and the Government of Azerbaijan. The rest of the road (Masalli-Astara) is constructed by the Asian Development Bank. ADB for road construction in Azerbaijan approved a loan of $ 500 million, of which to date they have allocated $ 400 million for the construction of the Masalli-Astara road. - 08D-
-
- Politics
- 6 March 2013 11:46
Economics
-
SOCAR President Rovshan Najaf met with the Minister of State for Petroleum of Pakistan, Musadik Malik, on January 18. According to SOCAR, the discussions covered joint energy projects, achieved outcomes, and cooperation opportunities in various areas, including the trade of petroleum products.
-
The State Statistics Committee of Azerbaijan reported that in 2024 investments in fixed assets reached 21,435.1 million manats, which is 0.7% less than in 2023. While overall figures edged lower, the sectoral breakdown reveals notable disparities between the oil and gas sphere and non-oil industries.
-
Azerbaijan’s industrial enterprises and individual entrepreneurs reported a modest 1.1% year-on-year increase in industrial production during 2024, reaching an output valued at 64.1 billion manat. The State Statistics Committee attributed the overall growth to a 0.5% expansion in the oil and gas sector, while non-oil and gas industries surged by 7.3%.
-
Global diesel prices and refining margins have spiked following the latest U.S. sanctions targeting Russian oil trade, as markets brace for reduced supply, analysts and LSEG data indicate.
Leave a review