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Port of Baku, located on the ancient Silk Road connecting Europe and Asia, is a prime transport and logistics hub of Eurasia. It covers an area of 400 hectares. Being an important segment of the Trans-Caspian International Transport Route, the Port of Baku with its modern operating system provides prompt cargo services, as well as has at its disposal open and covered storage facilities ...
Trade port is stretched along the northern and western shores of Baku bay. The port is fully re-equipped, all loading and unloading works in it are mechanized. There is a port for ferry quay in the north-western part of Baku bay. [6] There is discussion on the need of construction of a bridge through Baku bay, - from Lokbatan to Zikh highway. [7]
In 2010, the Baku International Sea Trade Port began to be reconstructed. The construction was planned to take place in three stages and to be completed by 2016. The estimated costs were US$400 million. [163] From April to November, Baku Port is accessible to ships loading cargoes for direct voyages from Western European and Mediterranean ports.
Subsequently, the Boulevard was extended up to the Baku International Sea Trade Port. In 1936, a Parachute tower was built and used for extreme activities. However, the tower stopped functioning after a fatal accident in the 1960s, which led to the ultimate ban of parachuting from the tower.
Baku International Marine Trade Port is the largest port on the Caspian Sea. Its ferry terminal underwent a major reconstruction supported by a US$16.2 million loan from EBRD. It is now able to handle 30 million tons of freight a year.
Taleh M. Ziyadov – currently serves as the Director-General of "Baku International Sea Trade Port" CJSC, a position to which he was appointed on 17 November 2014, by the decree of the President of the Republic of Azerbaijan. Additionally, on 8 December 2021, he was selected as the president of the Azerbaijan Badminton Federation.
Lately, tourism has been intensively developing in the Baku Archipelago. The Boyuk Zira island, of the islands located on the offshore of Baku, Azerbaijan’s capital, is on its way to a major expansion. The island will be divided into several areas; a park, a residential area, a military port etc.
The Intergovernmental Agreement on Dry Ports is a 2013 United Nations treaty designed to promote the cooperation of the development of dry ports in the Asia-Pacific region. It was concluded under the auspices of the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP) and is open to ratification by any state that is a UNESCAP member.