Azerbaijan Railways invested over $20M in 2023

In 2023, Azerbaijan Railways CJSC invested 35 million manats ($20.58 million) by optimizing costs and ensuring additional income, Report informs, citing the company.

“One of the main achievements of the joint-stock company is large investment projects using its own funds. Last year, due to investments, 16 km of rails were replaced, 22 km of tracks were overhauled at the stations of Keshla, Bilajari, Yeni Surakhany-Surakhany, Yeni Surakhany-Hovsan, the port of Zira was connected to the railway network for the first time, the roads of the Bilajari sorting park began to be restored for the first time since the 1960s,” the company said.