Azerbaijan railways- no signs of light at the end of the tunnel
Publisher: CEE Bankwatch Network
Volume: 2 pages, pdf
Description:
The Azerbaijan Railway Company “ADDY” is a fully integrated state railway company that is responsible for operating the railway system throughout Azerbaijan. It handles both passenger and freight services. It is a stateowned enterprise that is subject to the direction of the Ministry of Transport. ADDY transports about a third of the freight ton-km in Azerbaijan and about six percent of the country’s public passenger-km.1 Azerbaijan’s location on the western shore of the oil-rich Caspian Sea and east from Georgia makes it an attractive transit country to connect western markets with the oil deposits. The transport of oil and oil products constitutes about 75 percent of Azeri freight traffic. ADDY operates a rail network of more than 2,100 route-kilometres, where the majority of those kilometres are electrified. In 2006, the railway moved more than 30 million tonnes of cargo, in addition to its sizeable passenger operation.