Baku, Azerbaijan, March 16
By Maksim Tsurkov - Trend:
The Baku International Sea Trade Port in Alat expects a significant increase in the volume of container handling in the next three to five years, Head of the Port Taleh Ziyadov told reporters in Baku March 16.
Ziyadov noted that the construction within the first phase of the Port, which will increase the transshipment capacity up to 15 million tons of cargo or 100,000 TEU (20-feet containers), will be completed in mid-2018.
"Within the second phase, the capacities will then be brought up to 500,000 TEU. Today, 15,000-17,000 TEU are passing through our port, but in the next three to five years, especially with the commissioning of the Baku-Tbilisi-Kars railway and the implementation China's One Belt-One Route initiative, we expect a serious growth in container shipments, "Ziyadov said.