The development of the transport sector will be on the focus of the Azerbaijani government as a priority in 2016.
Azerbaijan has invested billions of dollars in the development of sea, railway, road and social infrastructure. Developed infrastructure and good business climate has paved the way to attract foreign direct investment in this sector, as well.
With suitable location between East and West, Azerbaijan attracts foreign cargo companies.
Azerbaijan also applies the principle of “single window” for transport of transit cargoes through its territory via the railways, maritime transport, ports and terminals.
Azerbaijan has reduced transit costs by around 40 percent for foreign carriers heading to the Kazakh port of Aktau and Turkmenbashi port of Turkmenistan. The government applies a 30-percent discount on the services of transit of oil and oil products by railway and transshipment via the sea terminals.
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