Scienza e Tecnologia
Port of Baku Begins Construction of Strategic Fertilizer Terminal in Alat
"The volume of Central Asian – primarily Turkmen – fertilizers transshipped via the Port of Baku has increased more than 13-fold between 2018 and 2020, from 48,339 tons to 630,000 tons," said Taleh Ziyadov, Director-General of Port of Baku . "And the trend is accelerating. In the first 5 months of 2021, we handled more than 450,000 tons of fertilizers, signifying the reliability of the transit corridor via Azerbaijan . A new terminal will ensure reliability in Central Asia's fertilizer supply chain and allow us to increase volume from Turkmenistan , Kazakhstan and Uzbekistan ," added Ziyadov.
The Port of Baku's new fertilizer terminal will have the capacity to handle 2.5 million tons annually. The facility will have two warehouses with a total capacity of 60,000 tons, and state-of-the-art conveyor systems to unload the various types of fertilizers directly to warehouses or into wagons/rail hoppers at a newly designed wagon loading station. The port authority plans to lease the terminal operation through a long-term concession and is currently in negotiations with potential bidders.
The Port of Baku's fertilizer terminal will increase the role of
Azerbaijan as a strategic transit country for Central Asian states and boost President
Ilham Aliyev's diversification strategy for turning
Azerbaijan into a trade and logistics hub of Eurasia. With the completion of new port in Alat with an annual throughput capacity of 15 million tons, the
Baku - Tbilisi -Kars railway connecting European and Asian rail networks, and key infrastructure projects linking the country's transport networks along the East-West and North-South axes,
Azerbaijan aims to become the top choice for foreign logistics companies and investors intending to expand their business at the crossroads of
Europe and Asia .
Contact:
Zaur Hasanov
zhasanov@portofbaku.com
Photo - https://mma.prnewswire.com/media/1528591/Port_of_Baku.jpg