Minister of Economy of Azerbaijan, Shahin Mustafayev, said that a new highway from Baku to the Russian border will be built by 2020.
“A new highway from Baku to the Russian border is scheduled to be built until 2020”, Mustafayev said at a roundtable on the subject of the strengthening of cooperation in the field of transport and transit transportation. The event is held on Thursday within the framework of the IX Azerbaijan-Russia Interregional Forum in Baku.
According to the minister, the highway will become an integral part of the North-South transport corridor. As a reference, the North-South transport corridor is designed to connect Northern Europe with South-Eastern Asia, including the unification of the railways of Azerbaijan, Iran, and Russia.
At the first stage, six million tons of cargo per year is planned to be transported through the North-South corridor, and later, this figure will grow up to 15-20 million tons of cargo. The cargo will pass through the territory of India and further through the Persian Gulf, Iran, Azerbaijan, Russia towards the Scandinavian states and Northern Europe and is going to take just 14 days.
