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Volume of Azerbaijani Railway's freight transportation reduces

Business Materials 4 August 2009 11:39 (UTC +04:00)

Azerbaijan, Baku, August 4 / Trend E. Ismayilov /

Volume of freight transportation of Azerbaijani Railroad CJSC reduced 27 percent as a result of the first six months due to world financial-economic crisis, chief engineer of Azerbaijani Railroad CJSC, Gurban Nazirov, said.

"Index similar with 2008 is observed in transportation of passengers. But index reduced 27 percent as a result of the first six months. It is connected with world crisis," Gurbanov said.

So, according to the Azerbaijani State Statistical Committee, roughly 10 million tons of freights were transported by railway as a result of six months of compared to 13.8 million tons for similar period of 2008. 

Gurbanov said that CJSC expects for reduction of freight transportation up to 25 million tons compared to 27.4 million tons in 2008. Income of CJSC is expected to reduce 30-40 percent due to reduction of freight transportation.

Azerbaijani State Railway transported 6.4 million people in 2008.

Total income of Azerbaijani State Railway hits 248.25 million manat, 164.2 million manat falls on freight transportation, 34.5 million manat for transportation of passengers. But the rest 50 million manat falls on income from additional economy. 

At present, length of railroads hits 2950.6 but exploitation lines - 2122 kilometers.

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