Azerbaijan has completed the first phase construction of the Baku international sea trade port in Alat, a settlement about 65km south of Baku.

The project, which is being carried out in three phases, requires an investment of AZN870m ($1.1bn).

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

The first phase of the project required an investment of AZN 540m ($685.8m), while the second phase will require AZN 150m ($190.5m) and the third phase AZN 180m ($228.6m).

The port project comprises the main cargo terminal, Dubendy oil terminal, a ferry terminal and a passenger terminal.

Ship Technology Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Ship Technology Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now