On 1 august the Cabinet of Ministers adopted decree №286 on the creation of Khizi-Khachmas, Guba Gusar tourism, and recreation zones. Document (http://goo.gl/KPxvK9)was published in the press today, on 11 August. The Government has identified the limits of these zones. The area of Khizi-Khachmaz tourist recreational zones (TRZ) will total 33 832 hectares, Guba TRZ - 3728.4 hectares, Gusar TRZ - 14546.5 hectares. The limits of the specified TRZ have been determined with consideration of the proposals of the Ministry of Ecology and Natural Resources. 08D
Economics
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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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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.
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