Azerbaijan to build new port

Azerbaijan's Transport Ministry has received some technical feedback for the construction of a proposed seaport at Alat, which is located to the south of the capital city.

Should technical studies prove sound, a tender for the construction of the port is expected to be issued sometime this year.

The initial phase, which would be funded by the state, would take three years to complete. A port master plan is being drawn up by Royal Haskoning. It will be a three-phase development, all of which will be completed by 2016.

The initial phase will allow the port to handle ro-ro and container ships, as well as dry bulk ships. All three phases will cost an estimated $400m to fully implement.

Source: Port Strategy