Port of Baku Begins Construction of Strategic Fertilizer Terminal in Alat
Retrieved on:
Wednesday, June 9, 2021
BAKU, Azerbaijan, June 9, 2021 /PRNewswire/ --"Baku International Sea Trade Port" CJSC (aka the Port of Baku) has announced the start of construction of a fertilizer terminal at its new facility in Alat, Azerbaijan.
Key Points:
- BAKU, Azerbaijan, June 9, 2021 /PRNewswire/ --"Baku International Sea Trade Port" CJSC (aka the Port of Baku) has announced the start of construction of a fertilizer terminal at its new facility in Alat, Azerbaijan.
- The strategic terminal is jointly financed by the Government of Azerbaijan and the Port of Baku.
- The Port of Baku's new fertilizer terminal will have the capacity to handle 2.5 million tons annually.
- The port authority plans to lease the terminal operation through a long-term concession and is currently in negotiations with potential bidders.