Silk Way Group has announced the development of a new cargo airport within the Alat Free Economic Zone in Azerbaijan at COP 29 in Baku, the Azeri capital.
The airport will bolster the group’s operational capabilities and leverage the zone’s strategic potential for increased business prospects and efficiencies.
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It will be operated by the Silk Way Alat Free Economic Zone Company, which was established by Silk Way Group to advance its logistics and infrastructural initiatives.
Silk Way Alat Free Economic Zone Company CEO Jawad Dbila said: “The new cargo airport will serve as a pillar of the Alat Free Economic Zone, transforming our vision for Azerbaijan’s logistics and transportation capabilities into reality.
“As an official Silk Way entity, our focus is on integrating sustainable practices and advanced infrastructure to enhance connectivity, attract international partnerships, and reinforce Azerbaijan’s role as a transit logistics hub. We look forward to witnessing this project’s impact on our region’s economic landscape and the opportunities it will generate.”
The airport will feature 18 aircraft stands, a 4,000m runway and taxiway, an air traffic control centre, and other essential amenities. It will incorporate sustainable technologies and alternative energy sources.
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By GlobalDataThe project includes the construction of forwarder warehouses, state-of-the-art perishables airside facilities, and modern office buildings. These developments align with the logistics industry’s dynamic needs, ensuring adaptability and innovation in operations.
TKH Airport Solutions is a technology partner for the project, providing sustainable and energy-saving technologies.
The airport will utilise TKH’s advanced airfield ground lighting technology for the runway construction. This aligns with COP29’s goals and underscores eco-friendly practices.
TKH Airport Solutions CEO Erik Velderman said: “We are pleased that Silk Way has selected TKH Airport Solutions and CEDD Airfield Ground Lighting technology for the new CAT III Cargo Airport.
“Our state-of-the-art low voltage CEDD technology enables significant energy savings for the airport and supports the sustainable transformation of airport operations. We look forward to contributing to reducing the environmental impact of air cargo.”
The project is expected to contribute significantly to Azerbaijan’s economic growth and the region’s development by enhancing transportation capabilities and stimulating socio-economic progress.
Silk Way Group president Zaur Akhundov said: “The establishment of the new cargo airport in the Alat Free Economic Zone represents a significant milestone in the country’s history, signifying a shift towards new opportunities that will effectively address the increasing local and global demand for freight transport.
“This initiative not only bolsters our standing within the Middle Corridor but also opens up new avenues for growth, offering promising prospects for our business, as well as for our valued partners and investors.”
