Azerbaijan Railways (ADY) CJSC is working on a business plan covering 2025-2027, Orkhan Ahmadzade, the acting head of the Research and Development Center of ADY, said at an event on "Innovations in railway technologies in Azerbaijan: partnership and opportunities for German companies" in Baku, Report informs.
He noted that the business plan is being developed for 36 initiatives, including investments in environmentally friendly technologies and the use of alternative energy sources: "The initiatives cover the short-term, medium-term, and long-term vision of the organization. We hope that the business plan will be approved by the end of this year."