Azerbaijan, Kazakhstan, China establish joint venture

Azerbaijan, Kazakhstan, and China have established a joint venture to construct a new Intermodal Cargo Terminal at the Baku Port.

Report informs that the agreement was signed by Taleh Ziyadov, Director General of Baku International Sea Trade Port CJSC, Nurlan Sauranbayev, Chairman of the Board of Kazakhstan Railways SC, and Yuan Xiaojun, General Manager of Xi'an Free Trade Port Construction and Operation Co Ltd.

Within the framework of the project, the infrastructure of the Intermodal Cargo Terminal is planned to be created and developed on a 40-hectare area in the territory of Baku Port, located in the Alat settlement.