Time frame for completion of first phase of new sea port construction in Azerbaijan announced
Azerbaijan, Baku, July 4 /Trend E.Ismayilov/
The first phase of the construction of a new international sea port in the village of Alat will be completed in 2-2.5 years, the transport sector of Azerbaijan told Trend.
"Currently construction of the port is being moved at a heightened pace and the first phase of a new international port will be completed within 2-2.5 years," the source said.
He noted that it will be possible to transfer Baku International Sea Port from the centre of the capital after the completion of the first phase.
"The transfer of the port fits into the expansion of the National Seaside Park," the source said.
The construction of a new international port began in November 2010. It is located 65 kilometres south of Baku in the village of Alat.
The implementation of all three phases of construction of a new international sea port in Alat settlement near Baku will cost 870 million manat for the Azerbaijani government. First, the main phase of construction is estimated at 540 million manat. The value of the second and third phases is 150 and 180 million manat respectively.
Construction of a new international sea port in the village of Alat will be implemented in three phases and completed by 2015. The first phase of the project involves the construction of two ferries, three cargo berths for receiving containers and ro-ro and conventional (universal) bulk carriers. The second phase of the project includes the construction of three additional cargo berths, the third, the construction of two additional cargo berths. The project is estimated to cost more than $400 million.
The port can receive up to 11.6 million tons of cargo.
This port will be a multimodal because a free economic zone will be created in the territory in future besides the logistics centre.