Transport Minister: $2 bln invested in Azerbaijan's transport sector

So far, about $2bln has been invested in Azerbaijan's transport sector, Azerbaijani Transport Minister Ziya Mammadov said at ameeting of the second working group on development of cargo delivery to Afghanistan through the Caucasus via vehicles in Baku today.

"The country works to develop all sectors of the economy. Nearly $2 billion has been invested in country's transport sector thus far," he said.

According to Mammadov, the country works hard to develop transport infrastructure, in particular, work on the construction and overhaul of roads is underway in the country.

Azerbaijan is involved in construction of the Baku-Tbilisi-Kars railway which will promote development of the TRACECA transport corridor.

The global financial and economic crisis has shown importance of cooperation among international transport organizations and financial institutions to develop transport sector, the minister added.


/Trend Capital/