Global trade enabler DP World has entered into an advisory agreement with the Azerbaijan Ministry of Economy and the Port of Baku to develop a framework for the Alyat Free Trade Zone in Azerbaijan, the company said in its press release.
The future business hub is planned to become part of a net work of economic zones in the country to develop the economy and to form part of the Eurasian trade corridor. DP World’s international experience and expertise in multi -modal transport links, logistics and the supply chain across its network is being soug ht by partners around the world.
The company already provides advisory services for the development of the Khorgos Special Economic Zone and Inland Container Depot in Kazakhstan with a similar arrangement under a separate contract for the Port of Aktau, the country’s main cargo and bulk terminal on the Caspian Sea.