BAKU, Azerbaijan, April 6. Chairman of the Board of Azerbaijan Railways (ADY) CJSC Rovshan Rustamov has announced plans to modernize Azerbaijan Railways by 2030, the publication of the chairman of the Board of Azerbaijan Railways in social media said, Trend reports.
"By 2030, ADY intends to make a significant contribution to Azerbaijan's economic development, turning the railroad network into a key growth driver. We will focus on innovation and modernization to improve the efficient operation of the railroad," the publication reads.
According to him, all details are set out in Strategy-2030, which offers a balanced approach to action and long-term planning of railroad modernization.
The strategy reflects steps to upgrade outdated infrastructure, which currently limits the industry's growth potential, and projected investments.
"The modernization strategy is aimed at turning Azerbaijan into the most important transport hub in the Eurasian corridor. The old rails will be replaced, an advanced signaling and traffic control system will be introduced, and several stations will be reconstructed," the official noted.
He also stated that cooperation with foreign partners and international organizations is an important part of the Azerbaijani Railways strategy, as it makes it possible to achieve positive changes in its work.
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