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Azerbaijan to establish almost $6M worth Logistics Center

Economy Materials 23 May 2023 18:00
Trend News Agency
Azerbaijan to establish almost $6M worth Logistics Center

BAKU, Azerbaijan, May 23. Azerbaijan plans to establish a Logistics Center in Jabrayil district, an informed source told Trend.

The total cost of the project is 10 million Azerbaijani manats, or almost $5.9 million.

The source noted that the Logistics Center will implement a supplier function in the process of reconstructing the liberated territories. It will provide logistical support by supplying construction materials for projects implemented in Lachin, Shusha, Fuzuli, Gubadli, Zangilan, Khojavend and Jabrayil districts.

The proximity of the Zangazur Corridor to the transport hub will ensure the implementation of international transport and communication projects.

“The supply of construction materials from a single center, the organization of trade and services to meet the needs of working personnel, including employees of government agencies’ regional offices, during the reconstruction process as well as ensuring storage and logistics services for products imported into/exported from the region will allow the center to carry out uninterrupted operations,” said the source.

The Logistics Center will perform the supporting function to ensure the rehabilitation and reconstruction of the liberated territories, including the development of trade relations between Türkiye, Iran and Azerbaijan.

The project enjoys external infrastructure support ensured by the state, customs and tax benefits for an industrial park resident and preferential loan. The Logistics Center will have a capacity of 53,000 tons and will over an area of 43,600 square meters.

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