Baku: President of the Republic of Azerbaijan, Ilham Aliyev, announced that the transit volume of goods is expected to increase significantly with the commissioning of the Zangezur corridor. The statement was made during his address to the participants of the First Azerbaijan International Investment Forum.
According to Azeri-Press News Agency, President Aliyev emphasized Azerbaijan’s strategic geographic location as a key factor in positioning the country as a regional economic hub. He highlighted that the transit volume through the Middle Corridor is on the rise annually and is anticipated to grow further with the new corridor’s commissioning. The President pointed to the modern infrastructure in Azerbaijan, such as the Baku International Trade Sea Port, Alat Free Economic Zone, and a modern railway network, which facilitates direct access to global markets and enhances transit efficiency.
The President also noted that Azerbaijan’s special economic zones, combined with its advanced transportation and digital infrastructure, provide excellent platforms for various sectors, including production, logistics, renewable energy, digital services, and high value chain agriculture. These developments are designed to attract investors by offering streamlined access and operational efficiency in reaching international markets.