Azerbaijan, Uzbekistan To Launch Joint Ferry Production (Exclusive)
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, September 2. Azerbaijan and
Uzbekistan plan to establish joint production of ferries, an
informed source told Trend .
According to the information, the ferries will be provided for
the needs of Uzbekistan. The volume of financing for the project
will amount to $150 million.
The source stressed that several other specific measures are
being worked out to expand bilateral cooperation in the sphere of
transport and transit. In particular, it is also about the joint
construction of storage infrastructure, the establishment of a
joint venture for the development of transportation along the
Trans-Caspian route, and other projects.
To note, an Uzbek-Azerbaijani business forum was held in
Tashkent on August 22. Following the talks, a portfolio of projects
worth $2 billion was formed.
Furthermore, on August 23, within the framework of President
Ilham Aliyev's visit to Tashkent, the heads of state met with
representatives of business circles of the two countries. Following
the meeting, 7 projects worth $520 million were prepared for
launch.
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