Today, with the participation of the President of Azerbaijan, two metro stations were opened in Baku – Bus Station and Memar Ajami 2 on the new Purple Line.
Unlike the two existing lines, the length of the platforms at the new stations is 144 meters, which allows the arrival of trains of seven cars, rather than five.
The Bus Station subway station and the passenger crossings have been installed 20 escalators of different levels and 8 other facilities for travelers. Memar Ajami has been installed 17 escalators.
The head of the Baku Metro, Zaur Huseynov said by 2030 it is planned to build three new lines and 53 metro stations. The total number of lines and station will reaches 5 and 76, respectively. -06D-
Economics
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The new law on "Political Parties," adopted two years ago, came into effect early last year and has been criticized by the Venice Commission, is already making its impact felt. On December 4, the activities of two political parties—the Freedom Party and the Party of Free Democrats—were halted through court orders. The Ministry of Justice cited discrepancies in the documentation of these parties as the reason for its appeal to the court.
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In the first ten months of 2024, Baku's trade turnover registered a 4.4% increase compared to the same period last year, reaching a substantial 28.2 billion manat, according to the Baku City Statistics Department.
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In a significant move to bolster its financial capabilities, Azerbaijan's state-owned energy company SOCAR has signed an agreement with Italy's Intesa Sanpaolo bank. The pact, which underscores growing cooperation between the two entities, marks a step forward in securing financial resources for SOCAR's ambitious projects, including its ventures in green energy.
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In the first 11 months of 2024, Azerbaijan experienced a robust recovery in its tourism sector, with 2.41 million foreign and stateless individuals visiting the country, marking a 27.4% increase compared to the same period last year, according to the State Border Service. This growth reflects Azerbaijan’s increasing appeal as a travel destination, bolstered by diversification in source markets and improved transport infrastructure.
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