The cost of transportation per passenger on the Baku underground in the first quarter of 2013 was 65.9 gepik (100 gepik = 1 manat). In 2012, the overall transport of one passenger totaled 49.2 gepiks, and fare is 20 gepik.
According to the State Statistics Committee(SSC), in January-March 2013 Baku Metro has spent 33.1 million manat on the organization of passenger transport, by 41.5% more than over the same period last year. The reasons for such a sharp rise in costs with an increase in revenues of 6.2% were not disclosed.
Over the first three months of this year the metro carried more than 50 million passengers (including beneficiaries.) This is by 5.5% more than in the comparable period of 2012. Revenues of the subway on the Transport totaled 10.4 million manat.
Last time the subway fare in December 2011 increased, and was equal to the minimum fare on the bus. --08В—
Economics
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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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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.
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