Uzbekistan and Azerbaijan jointly produce ferries
Azerbaijan and Uzbekistan are planning to launch a joint production of ferries . Ferries are provided for the needs of Uzbekistan. The cost of the project is 150 million dollars.
Azerbaijan and Uzbekistan are planning to launch a joint production of ferries. This was reported by Trend, citing sources.
Ferries are provided for the needs of Uzbekistan. The cost of the project is 150 million dollars.
The parties are also developing specific measures to expand bilateral cooperation in the field of transport and transit. In particular, joint construction of the warehouse infrastructure, establishment of a joint enterprise for the development of transportation along the Trans-Caspian route, and other projects are envisaged .
We remind you that on August 22, Uzbekistan-Azerbaijan business forum was held in Tashkent. At the end of the negotiations, a portfolio of projects worth 2 billion dollars was formed.
In addition, on August 23, within the framework of President Ilhom Aliyev's visit to Tashkent, a meeting of state leaders with representatives of business circles of the two countries was held. At the end of the meeting, 7 projects with a total value of 520 million dollars were prepared for launch.
In August 2023, the former deputy minister of transport Abdusamat Mominov announced that Uzbekistan is interested in using the warehouse infrastructure at the port of Baku. In 2022, the volume of cargo transportation through the port of Baku will be 904,000 tons, which is a 65% increase compared to last year.
At the previous meeting, the presidents of Uzbekistan and Azerbaijan discussed the possibility of establishing a joint logistics company within the framework of the Trans-Caspian Corridor, building warehouses and logistics centers in the ports of Baku and third countries.
