Silk Way Group unveiled plans for a new cargo airport in the Alat Free Economic Zone during the COP29 summit, being held in its home country, Azerbaijan. It will operate under the Silk Way Alat Free Economic Zone Company, a registered entity established to advance Silk Way Group’s logistics and infrastructural initiatives in the region.
The project includes will a 4,000-meter runway and taxiway, 18 aircraft stands, individual forwarder warehouses, perishables airside facilities and office buildings.
On completion of the project in 2026, the wider Alat Free Economic Zone will have access to the Baku International Sea Trade Port and rail and motorway networks.
President of Silk Way Group, Zaur Akhundov, noted: “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.”
Chief executive of Silk Way Alat Free Economic Zone Company, Jawad Dbila, added that the new cargo airport would be “a pillar of the Alat Free Economic Zone, transforming our vision for Azerbaijan’s logistics and transportation capabilities into reality.”
Sander Doves, director of TKH Airport Solutions, a technology partner in the project that that his company’s advanced airfield ground lighting technology would be used in the construction of the runway and would result in enables significant energy savings.