Bank Of Baku

$14.5 bln invested in Azerbaijan’s transport sector during past 5 years

$14.5 bln invested in Azerbaijan’s transport sector during past 5 years
# 13 June 2014 11:30 (UTC +04:00)

Baku. Aynur Aliyeva - APA-Economics. $14.5 bln was invested in Azerbaijan’s transport sector during past 5 years, said the spokesman of the Ministry Heydar Turabov at the 2nd Caspian International Conference on “Road and Underground Infrastructure - Solutions to the Problems of Urbanization.

 

According to him, approximately $12 bln of these funds have neen directed to development of transport system.

 

During last decade, the freight rose 3.8%, transit transportation – 8.6% and passenger transportation – 6.1%. share of transport in GDP makes 5.6%.

 

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