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Azerbaijan to announce tenders for building 4 terminals in Iran

Business Materials 8 June 2017 21:49 (UTC +04:00)

Baku, Azerbaijan, June 8

By Maksim Tsurkov – Trend:

Azerbaijan Railways CJSC is preparing to soon start tender procedures for the construction of four cargo terminals in Iran near Astara as part of the North-South transport project, said Ali Gasimov, head of the company’s tariff policy and marketing department.

He made the remarks at the EU-Azerbaijan Business Forum in Baku.

Gasimov said Azerbaijan and Iran are concluding negotiations on the lease of a land plot of 35 hectares for construction of the terminals.

“Four terminals – an oil terminal, a container terminal, a grain terminal and a terminal for other commodities – will be constructed. A lease agreement will be signed soon,” he noted, adding after this, tenders will be announced for construction of the terminals.

The International North-South Transport Corridor is meant to connect Northern Europe with Southeast Asia. It will serve as a link connecting the railways of Azerbaijan, Iran and Russia.

The corridor is planned to transport 6 million tons of cargo per year at the initial stage and 15-20 million tons of cargo in the future.

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