Turkish holding company to invest $30M in Baku Port at initial stage

The total value of the projects implemented by Turkiye's Albayrak group of companies in the Port of Baku will be $30 million at the initial stage, said Harun Oncu, the logistics director of the holding, Report informs.

He noted that having already bought a mobile crane worth $4 million, they brought some of its parts to Baku Port:

"This crane will serve those who bring cargo to the port. We have engaged our experienced employees for our projects."

According to Oncu, it is not excluded that the number of projects will increase and that other joint projects may be implemented.