“The Baku International Sea Trade Port has an annual handling capacity of 15 million tons, with funding envisaged to increase its capacity to 25 million tons,” said Azerbaijani President Ilham Aliyev at the Summit of Azerbaijani, Turkish and Turkmen Presidents, APA reports.
“Last year, we laid the foundation of the Alat Free Economic Zone on the shores of the Caspian Sea, and the first residents have already settled there. We would like to invite companies from Turkiye and Turkmenistan to benefit from opportunities available in the Zone,” said the President.