Türkiye's Albayrak group of companies announces its new project in Port of Baku

Infrastructure
  • 30 October, 2023
  • 10:43
Türkiye's Albayrak group of companies announces its new project in Port of Baku

Türkiye's Albayrak Holding group of companies plans to build a truck park at the Baku International Sea Trade Port, Report informs.

After the truck park is built, Albayrak Group will manage the park: “The construction of the park can be completed within a year.”

Note that on July 15, 2022, an agreement was signed between Baku International Sea Trade Port CJSC and the Albayrak Holding group of companies.

According to the agreement, the Albayrak Holding group of companies will operate Ro-Ro and fertilizer terminals together with the Port of Baku and closely cooperate in other important areas.

The total value of the projects implemented by Türkiye’s Albayrak group of companies in the Port of Baku is planned to be $30 million at the initial stage.