Çili Respublikasının Müvəqqəti İşlər Vəkili “Bakı Gəmiqayırma Zavodu” MMC- ni ziyarət etmişdir

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Bu gün Çili Respublikasının ölkəmizdəki Müvəqqəti İşlər Vəkili –cənab Gabriel Jara Maldonado və onu müşayiət edən qonaqlar “Bakı Gəmiqayırma Zavodu” MMC- ni (BGZ) ziyarət etmiş və zavodun rəhbərliyi İlə görüşmüşdür.

Görüş “Sumqayıt Kimya Sənaye Parkı” MMC –nin dəstəyi və təşkilatçılığı ilə baş tutmuşdur.
Yüksək səviyyəli qonağı salamlayan BGZ- nin baş meneceri İmanverdi Həsənov ilk öncə xoşməramlı ziyarətinə görə cənab Gabriel Jara- ya öz təşəkkürünü bildirmişdir, daha sonra ötən dövr ərzində zavodun həyata keçirdiyi və hal-hazırda davam edən layihələrlə bağlı görülmüş işlər haqqında ətraflı məlumat vermişdir.
Görüşdə həmçinin gələcəkdə gəmi təmiri və inşasının inkişaf perspektivləri, Xəzəryanı ölkələrin bu prosesdəki rolu və s. məsələlər barədə qarşılıqlı fikir mübadiləsi aparılmışdır.
Daha sonra, cənab Səfir yüksək qonaqpərvəliyə və səmimi fikir mübadiləsinə görə BGZ- nin rəhbərliyinə öz təşəkkürünü bildirmiş, Çili Respublikasının gəmiqayırma və mühəndislik şirkətlərinin öz Azərbaycanlı həmkarları ilə əməkdaşlığında maraqlı olduğunu və həmçinin Səfirlik tərəfindən bu kimi təşəbbüslərin dəstəkləndiyi fikirlərini səsləndirmişdir.

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Bu gün 21 Fevral 2019 il “Azərbaycan Xəzər Dəniz Gəmiçiliyi” QSC ilə “Bakı Gəmiqayırma Zavodu” MMC arasında iki tankerin tikintisi üzrə yeni müqavilə imzalanıb.

https://bakushipyard.com/tanker-muqavile/

Bu gün 21 Fevral 2019 il “Azərbaycan Xəzər Dəniz Gəmiçiliyi” QSC ilə “Bakı Gəmiqayırma Zavodu” MMC arasında eyni tipli daha iki tankerin tikintisi üzrə yeni müqavilə imzalanıb.

Gəmilərin ümumi xarakteristikasına gəlincə isə, uzunluğu 141 metr, eni 16.9 metr, hündürlüyü isə 6 metrdir. Dedveyti dənizdə 7875 T və çayda 5447 T olan tanker 2 ədəd hər biri 1,200kW gücə malik “Wartsila” istehsalı olan mühərriklərlə təchiz edilmişdir. 11 nəfərlik heyətlə idarə edilən bu gəmilər saatda 10 uzel sürətlə hərəkət etmək imkanına malikdirlər. Tankerlərin hər biri xam neft və neft məhsulları daşınması üçün ümumi tutumu 9190 kub metr olan 6 yük tankına malikdirlər.

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Bu gün Bakı Gəmiqayırma Zavodunun (BGZ) Azərbaycan Respublikasının Prezidenti İlham Əliyev tərəfindən açılışının 5 ili tamam olur

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Azərbaycanın İqtisadi və sənaye potensialının gücləndirilməsində mühüm rol oynayan BGZ- nin tikintisi respublikamızda həyata keçirilən iri infrastruktur layihələrindən biridir.

Zavod Xəzər dənizində ən müasir tələblərə cavab verən istənilən növ müxtəlif təyinatlı gəmilərin tikintisi, təmiri və ümumilikdə dəniz mühəndisliyi işlərinin yerinə yetirilməsi istiqamətində fəaliyyət göstərir. Eyni zamanda, zavod ixrac potensialının gücləndirilməsi baxımından da xüsusi əhəmiyyətə malikdir.

Fəaliyyət göstərdiyimiz 5 il ərzində, Xəzər hövzəsinin ən müasir tərsanəsi və gəmi təmiri mərkəzi olaraq bir sıra uğurlu layihələrə imza atmışıq. Zavodun ilk sifarişi SOCAR tərəfindən verilən bir ədəd 50 tonluq dartıcı qüvvəyə malik yedək gəmisinin tikintisi olmuş və 2013-cü ilin dekabrında sifariş razılaşdırılmış vaxtda yerinə yetirələrək təhvil verilmişdir.

SOCAR-ın müştərək müəssisəsi olan “Caspian Drillinq Company” Ltd şirkətinin sifarişi ilə inşa edilən 6-cı nəsil yarımdalma qazma qurğusunun pantonları və üst göyərtələrinin tikintisi də Bakı Gəmiqayırma Zavodunda həyata keçirilmişdir. Bundan əlavə Azərbaycan Xəzər Dəniz Gəmiçiliyinin 3 ədəd sərnişin gəmisi də tikilərək istismara verilmişdir.

Zavodun ən böyük sifarişi isə “Xankəndi” Sualtı Tikinti Gəmisinin layihələndirilməsi və tikintisi barədə BP şirkəti Şahdəniz  konsorsiumu ilə 2014-cü il 17 aprel tarixində bağlanan müqavilədir. Gəminin tikintisi 2017-ci ilin sentyabr ayında tamamlanmış və təhvil verilmişdir. “Xankəndi” hal- hazırda sahildən təxminən 70 km məsafədə yerləşən Şahdəniz yatağının Xəzər Dənizinin Azərbaycan sektorunda ikinci inkişaf mərhələsi üçün səfərbər olunmuşdur.

Eyni zamanda bu günə qədər Zavodumuzda 120-ə yaxın suüstü təmir və tərsanə təmir işləri həyata keçirilib. Bu müddət ərzində zavod Təhlükəsizlik və Keyfiyyətə nəzarət standartlarına dair beynəlxalq sertifikarlara layiq görülüb.

Onu da qeyd etmək lazımdır ki, zavod Finlandiya, Niderland, Almaniya, Çex Respublikası, Böyük Britaniya, Koreya Respublikası və Sinqapurda yüksək standartlar səviyyəsində istehsal olunan avadanlıqla təchiz edilmişdir. İstehsal prosesində metalkəsmə, profiləymə, lövhəəymə, 3D borukəsmə rəqəmsal avadanlığı kimi müasir texnoloji vasitələrdən istifadə olunur.

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Delivery of “KHANKENDI” vessel

https://bakushipyard.com/delivery-of-khankendi-vessel/

The state-of-the-art Khankendi subsea construction vessel has been launched in Baku.

President of the Republic of Azerbaijan Ilham Aliyev attended the ceremony.
President of the State Oil Company (SOCAR) Rovnag Abdullayev, BP Regional President for Azerbaijan, Georgia and Turkey Gary Jones, chairman of the Caspian Shipping Closed Joint Stock Company Rauf Valiyev informed the head of state of the works done under the project.

The President watched a video on Khankendi subsea construction vessel.

The vessel is 155 meters in length and 32 meters in width with 2000 square metres of deck space. It has a total weight of 17,600 tonnes, a carrying capacity of 5,000 metric tonnes at 6.5 metres draft and two engine rooms with 6 x 4.4MW and 2 x 3.2MW generators. It is equipped with dynamic positioning to allow working in 3.5 metre significant wave height, a 900-tonne main crane capable of placing 750 tonne subsea structures down to 600 metres below sea level, an 18-man two-bell diving system, two work-class ROVs and a strengthened moon pool. The Khankendi can carry out complex activities without the need for anchors.

The head of state was also informed of the works done under the Shah Deniz Stage 2 project.

President Ilham Aliyev cut the ribbon symbolizing the launch of the vessel.

The vessel has a maximum capacity of 175 people on board, including the marine crew and discipline specialists. The personnel include both Azerbaijani nationals and expatriates with plans for extensive training, leading to the full nationalisation of the staff.

The Khankendi has been designed and built by the Baku Shipyard – a joint venture of SOCAR, the Azerbaijan Investment Company (AIC) and Keppel O&M.

President Ilham Aliyev pressed a button to launch the vessel.

The state-of-the-art subsea construction vessel has been specifically designed and built to install the biggest subsea production system in the Caspian Sea as part of the Shah Deniz Stage 2 project.

Addressing the ceremony marking the launch of the Khankendi subsea construction vessel, President Ilham Aliyev said:

– I want to congratulate you on this wonderful event. The commissioning of the Khankendi vessel is a truly historic event. I am glad that this giant ship has been built in Azerbaijan, in Baku. This vessel is named Khankendi. And this has a great meaning. Khankendi is our ancient city. The name of Khankendi is native and dear to us. It is no coincidence that this vessel, which meets unique global standards, has been given this name.

The construction of this vessel demonstrates the power of our country. It shows that any large construction work can be carried out in Azerbaijan today. The construction and commissioning of this vessel also show that our decision to build a shipyard was the right one. By making this decision at that time and allocating major investment for the construction of this plant, we pursued this very goal – for Azerbaijan to be capable of building vessels of any type. The construction of this vessel also shows that there is no vessel we could not build at this shipyard. Currently, four new vessels are also under construction – two ferries and two tankers.

The construction of the Khankendi vessel cost about $400 million. And this shows the power of our state. This vessel will make an irreplaceable contribution to the development of the Shah Deniz gas field.

According to the information provided to me today, there are only 10 vessels of this type in the world. One of them is in Azerbaijan and was built in Azerbaijan. Most of the crew that will work on this ship are Azerbaijani specialists. In other words, along with the construction of the vessel, trainings and preparatory work was carried out, and today both the ship’s captain and the majority of its crew are local personnel.

I want to say again that this is a very significant and historic event. The development of the Shah Deniz gas field is a strategic project for us. I am glad that things are going well in this direction. I am told that preparatory work for Shah Deniz-2 gas field is currently at 96 per cent. It is possible to say that this project has already been implemented. Without this vessel, it would be impossible to develop Shah Deniz with great efficiency.

We are doing all this work in a consistent manner. Investments have been made and work with foreign partners is properly organized. Platforms, floating installations, such giant vessels, the Sangachal terminal, oil and gas pipelines are built in Azerbaijan. Major investments have been made in the oil and gas sector of Azerbaijan in a comprehensive, thoughtful and planned manner. Today we are seeing the result of that. I should note the joint activities of BP and SOCAR. As a result of this cooperation, some historic achievements have already become a reality in the oil and gas sector of Azerbaijan.

I appreciate the activities of the Caspian Shipping Company. The activities of the shipping company meet international standards. The shipping company already works with a profit and pays large amounts in tax into our budget. So the successful development of the transport and energy infrastructure makes a great contribution to the overall development of our country.

You are probably aware that there will be a signing of a new contract for the Azeri-Chirag-Gunashli field in a few days. We will continue working on this field until 2050. This shows again that Azerbaijan has very large oil reserves.

I remember that some forces that do not like us both inside the country and abroad were saying before the signing of the Contract of the Century in 1994 that there was not enough oil in Azerbaijan, in Azeri-Chirag-Gunashli. There is no need for the construction of an oil pipeline because it will stay empty. We have been extracting oil and gas from Azeri-Chirag-Gunashli for 20 years now. Production began there in 1997. Twenty years on, a new contract is being signed, and oil will be produced from Azeri-Chirag-Gunashli at the proper level until 2050. This is an answer to those pessimistic and prejudiced opinions. At the same time, it shows that our country has very large energy potential.

As for Shah Deniz, gas reserves in this field account for at least 1.2 trillion cubic meters. This is one of the largest gas fields in the world. In general, our gas resources constitute 2.6 trillion cubic meters. In other words, Azerbaijan will provide both itself and many countries with natural gas for at least another 100 years.

I want to congratulate the people of Azerbaijan on this historic event. I want to congratulate all our citizens and specialists who participated in the construction of this vessel. I want to express my gratitude to them. I also want to express my confidence that the Khankendi vessel will play a valuable role in the development of the Shah Deniz field and contribute to the strengthening of our country.

Thank you.

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“Khankendi” is undergoing the final touches before delivery

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Baku Shipyard is pleased to announce the successful sea trials of Subsea Construction Vessel (SCV) named “Khankendi”, that is being constructed under Shah Deniz Stage 2 Project.

The six week trials that took place in the Caspian Sea, truly represented the vessel’s initial voyage in open waters. Throughout nearly a two months intense diagnostics, maritime experts executed more than 120 different tests designed to evaluate everything from Khankendi’s engine and propulsion performance to her dynamic positioning, navigation systems, cabin acoustics as well as the offshore capabilities. The completion of the sea-trials marked another major milestone bringing Baku Shipyard to the imminent delivery of vessel to BP. The SCV is back at the shipyard now for the finishing touches in readiness of the naming ceremony scheduled early September 2017. “Khankendi” is planned to perform subsea construction activities on the Shah Deniz field for the next ten year.

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Director of Commercial Section of the Embassy of the Republic of Korea visited Baku Shipyard

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Today (12 July 2017) Director of Commercial Section of the Embassy of the Republic of Korea Mr.Oh Myung Hun visited Baku Shipyard. The main purpose of the visit was to discuss the oncoming planned visit of Korean Trade delegation to Azerbaijan and to Baku Shipyard premises.

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The U.S Ambassador to Azerbaijan Mr. Robert Cekuta visited Baku Shipyard

https://bakushipyard.com/usambassador/
On July 11, 2017 the U.S Ambassador to Azerbaijan Mr. Robert Cekuta visited Baku Shipyard (BSY).

The Ambassador was informed about yard’s operations and new projects on pipeline during the meeting with BSY Management. The prospects of future cooperation between Baku Shipyard and US companies were discussed at the meeting as well.

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Baku Shipyard representatives participated in the Offshore Technology Conference (OTC)

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An Azerbaijani delegation led by the Energy Minister Natiq Aliyev participated in the Offshore Technology Conference (OTC) in Houston on 1-4 May, 2017

The largest event in the world for the oil and gas industry featuring more than 2 300 exhibitors, and attendees representing 100 countries. As a part of Azerbaijani delegation, representatives of Baku Shipyard had a chance to meet energy professionals from other countries, to exchange ideas and opinions to advance scientific and technical knowledge for offshore resources and environmental matters.

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Shipbuilding contract for the construction of two Oil tankers

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Shipbuilding contract for the construction of two Oil tankers was signed between Baku Shipyard and Azerbaijan Caspian Shipping Company on 18 November 2016

The tankers will be built at Baku Shipyard LLC by the order of the Azerbaijan Caspian Shipping CJSC. The project’s designer is Ukraine’s Marine Engineering Bureau. The contract was signed by the Chairman of Azerbaijan Caspian Shipping CJSC Mr. Rauf Valiyev and the General Manager of Baku Shipyard Mr. Khee Chong Lam. The signing ceremony was attended by the President of the Republic of Azerbaijan Ilham Aliyev. Self-propelled tanker with 6 cargo tanks will be able to carry up crude oil and petroleum products with density up to 1.015 t/m3, including gasoline, without restrictions for flash-point, ensuring temperature of carrying cargo up to 50ºС and providing simultaneous carriage of two sorts of cargo.

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Baku Shipyard Opening Ceremony

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On September 20 2013, President of the Republic of Azerbaijan Ilham Aliyev attended the opening ceremony of Baku Shipyard.

Baku Shipyard LLC is designed to undertake the construction of a wide range of specialized vessels and merchant ships including subsea vessels, anchor handling tug/supply vessels and multi-purpose offshore support vessels such as platform supply vessels, as well as tankers and cargo vessels. The yard also has ship repair and conversion capabilities.

Speech by President of the Republic of Azerbaijan Ilham Aliyev

Dear ladies and gentlemen, distinguished guests!

It is a very auspicious day today. We are gathered for the opening of a new shipyard in Baku. But first I want to congratulate all Azerbaijani oil workers on their professional holiday. It is a professional holiday of oil workers today.

Azerbaijani oil workers have always played a very important part in the development of Azerbaijan. The activities of oil workers in the independent Azerbaijan are worthy of approval. Thanks to the hard work and talent of oil workers, Azerbaijan has a strong economy today.

The oil industry has always been the leading sector in Azerbaijan and it still is today.

Of course, we are trying to bring our economy to a state in which it will be even less dependent on the oil factor. However, the development of the oil industry, the successful oil and gas operations in Azerbaijan have significantly enhanced the potential of our country. Therefore, taking this opportunity, I want to once again congratulate all employees of the oil company, all Azerbaijani oil workers on this beautiful holiday.

I want to note that I spent a certain part of my life, nine years, in the state oil company. I am proud to say that I have also worked with oil workers. We worked together and achieved great success in the implementation of Azerbaijan’s new oil strategy.

At the same time, it is a historic day today because the “Contract of the Century” was signed 19 years ago. The signing of the “Contract of the Century” was the most important step in the implementation of the new oil strategy of Azerbaijan.

The “Contract of the Century” has a special place in the formation of the oil strategy of Heydar Aliyev. Today it is impossible to imagine Azerbaijan without the modern oil industry. If a new oil strategy hadn’t been started by the decision of nationwide leader Heydar Aliyev in 1994, today our country would go in a completely different direction. Our luck is that at a crucial time for our country and people Heydar Aliyev came to power at the request of the nation and managed to save Azerbaijan from major disasters and catastrophes. The early years of our independence were very difficult. There was a total crisis in the country. The then authorities were unable to perform their duties and led the country into chaos and anarchy. Azerbaijan was effectively on the verge of collapse. Civil war broke out. The anti-national government which started the civil war fled in fear, practically leaving Azerbaijan decapitated. But the wisdom, courage and determination of Heydar Aliyev, as well as people’s confidence in him in the most difficult moments, gave us the chance to put an end to all the negative phenomena and take Azerbaijan along the path of development.

Since that day, Azerbaijan has been experiencing a period of rapid development. Celebrating the 20th anniversary of the Day of Salvation this year, we analyzed all these historical moments again. The foundation of the present-day successful development of independent Azerbaijan was laid exactly 20 years ago. The “Contract of the Century” has played a special role in accelerating the economic reforms taking place in our country. I would like to avail myself of this opportunity to salute the foreign companies that have worked with us for 19 years. Their investment and allegiance to Azerbaijan, and the wonderful atmosphere of cooperation led to today’s realities.

Today we are marking the start of a new project of international cooperation. The establishment of a shipyard in Azerbaijan has also been made possible through international cooperation. There is joint activity of the Azerbaijani side and Singapore’s Keppel here. Foreign experts were involved in the construction of the plant. The equipment installed here was manufactured by leading foreign companies. Azerbaijan owns 90 per cent of interest and Keppel has 10 per cent. Operatorship has been entrusted to Singapore’s Keppel. This, I think, is a perfect manifestation of a new form of international cooperation. During my last official visit to Singapore we also discussed the construction of a shipyard.

The construction of a shipyard is a historic event because Azerbaijan had never had a shipyard before. There were several shipyards in Soviet times but all the work related to the acquisition of vessels was carried out through foreign partners, including the period of independence. Over the past 10 years Azerbaijan has acquired 19 vessels abroad, including ferries, tankers and bulk carriers. It is not difficult to imagine how much has been allocated for this purpose.

But now all kinds of ships that will operate in Azerbaijan will be produced in our country.

This is a great historic achievement. The construction of this plant is the result of economic reforms ongoing in Azerbaijan. The investment made here is measured by very large numbers – $470 million. This is only the first step. Additional $160 million will be invested at the second stage, and 90 per cent of this investment falls on the share of Azerbaijan.

The plant uses advanced technology meeting the latest standards. Some 1,250 jobs have been created here. The average salary is also quite high. Considering our needs, the work that goes on and will go on further in the transport sector in Azerbaijan, we can say with full confidence that the plant will have to operate on a very busy schedule. The State Oil Company should ensure the construction of 130 ships in the coming years. Of course, all of these ships will be built at the plant. In the future, the Caspian Shipping Company will purchase some 20 vessels. All of them will also be built in Azerbaijan. As far as I know, our foreign partners working in the Azerbaijani sector of the Caspian Sea are going to order more than 20 vessels. That is, the existing orders alone should ensure the functioning of the plant around the clock. When you consider that oil and gas operations of other littoral countries are also carried out in the Caspian and that their issues related to transport also need to be resolved, it is not ruled out that our neighbors will also be able to take advantage of the operation of this plant. In short, the construction of this plant is a great historic event. Azerbaijan’s economic reforms are yielding fruit. It also fully confirms that Azerbaijan’s economic policy is carried out in the right direction. Our key economic reforms are aimed at the development of the non-oil sector and industrial production. At the same time, of course, we must ensure the development of the oil sector.

We have made historic achievements in the oil and gas sector in recent years. We can say that the construction of the Baku-Tbilisi-Ceyhan oil pipeline in 2006 and of the Baku-Tbilisi-Erzurum gas pipeline in 2007 has significantly changed the energy map of the region. The beginning of the TANAP project last year and the agreement reached on the construction of the Trans Adriatic Pipeline this year will turn Azerbaijan into a very important international energy player in the coming decades.

Azerbaijan plays an important part in addressing energy security issues. This is a great achievement, our major success and the result of the work done. At the same time, it is huge responsibility because the initiatives put forward by Azerbaijan have gone beyond the regional plane and become global. Azerbaijan’s successful oil and gas policy will contribute to resolving energy problems not only in the region but also in all of Europe. Under such circumstances, of course, our responsibility will enhance further. But we are ready for that. We have done all this work with a sense of great responsibility. So far, we have not taken a single wrong step in the oil and gas sector. Over 20 years, Azerbaijan’s oil and gas potential has considerably increased. In recent years we have turned from a country importing electricity and gas into a country that exports them. We have fully realized our oil and gas potential. In addition, the development of the non-oil sector forms a key part of our economic policy. This plant is a perfect reflection of Azerbaijan’s economic policy – the non-oil sector development and the successful continuation of the policy of industrialization.

I have noted in my earlier speeches that Azerbaijan should have a few major industrial centers: the Garadagh district of Baku, Ganja, Sumgayit and Mingachevir. Of course, other Azerbaijani cities and districts will also do work in the area of industrial development, but these are the major centers. This plant has also been built in the Garadagh district. The construction of this plant also clearly shows the way of reducing dependence on imports. Reduced dependence on imports is not limited to food. At the same time, Azerbaijan should also produce construction materials and establish industrial production.

On the example of the plant we see a renewing, upgrading and industrializing Azerbaijan. The order book of the plant, as

I said, is quite large. The scheduled work alone is worth nearly $4.5 billion. In other words, if the plant hadn’t been built, the money would have gone elsewhere. But now the money will stay here. All the orders will be fulfilled in Azerbaijan. There are many jobs here. As I said, there are 1,250 people working here, and the number of jobs will grow gradually. So this is a concentration and reflection of our successful economic policy.

Of course, the construction of the plant makes a lot of sense also because the construction of such plants today is a matter that may be in the realm of possibility only for successful and developing countries. Today, the financial and economic crisis has affected various parts of the world. But look how much is invested in Azerbaijan, how much work has been done at the facilities I inaugurated in the past weeks and months. The infrastructure is updated, gas lines are built and new industrial enterprises are emerging. A month ago I attended the opening of a large cement plant. In the Garadagh district there already operates a modern cement plant, while a second one is under construction. I am sure that we will get rid of cement imports soon.

In other words, all of the projects necessary and feasible for our country must be implemented. This means the creation of new jobs, the increasing gross domestic product and the transformation of our country into a powerful industrial center.

We have to take into account that Azerbaijan is successfully implementing a project of industrial parks, which are being set up on my initiative. In the near future we will see the first results of an industrial park. I am absolutely convinced that our political views and the concept “Azerbaijan 2020: a vision for the future” will be fully implemented and Azerbaijan will become a powerful industrial center. Today, we are a powerful economic center. We are a transport and logistical center.

We must also become a powerful industrial center because the future must be associated with industrial development.

With regard to the transport sector, I have to say that part of the oil revenue is spent on the development of the transport infrastructure. The construction of a shipyard is a contribution to the transport sector.

We have a favorable geographic location. Azerbaijan is located on natural corridors. The North-South and East-West corridors pass through Azerbaijan. But if there is no modern logistical and transport infrastructure, this location will not matter much. Therefore, along with all other areas, we have invested a lot in the development of the transport sector. This sector has received great attention. In recent years, Azerbaijan has developed all types of transport. Over the last 10 years, we have purchased 19 bulk carriers, ferries and tankers, 31 aircraft and built seven airports.

The Baku-Tbilisi-Kars railway is under construction. It is another project of strategic importance. Roads, major highways and rural roads are built and reconstructed. Such a beautiful shipyard has been built in Baku. A new international sea port, which will be the largest commercial port in the Caspian basin, is under construction in the Alat settlement. At the initial stage, its cargo processing capacity will be 10 million and reach 20 million tons in the future. The future growth of freight traffic requires new infrastructure. And we will create it – this shipyard, the new sea port, the Baku-Tbilisi-Kars railway, the new airports, etc.

Azerbaijan has now become a hub for cargo aircraft. In other words, we must strive to turn Azerbaijan into a center in different directions. We are already achieving that. Azerbaijan is an energy center, an economic center, a center of inter-religious relations, a center of tolerance, an industrial and transport center of the South Caucasus.

But Azerbaijan’s potential is so large and its growth is so rapid today that we can’t limit our work to regional issues alone.

Today, our economic views, economic policies and investment plans already go beyond the region. Today Azerbaijan allocates funds to international organizations and acts as a donor. Azerbaijan is investing heavily in the development of different economies and providing loans. So there is a completely different situation now. Twenty years ago our country could not develop without foreign investment, and a perfect investment climate was established in Azerbaijan for foreign partners. Today Azerbaijan is investing in other markets and economies in order to see even greater effect both in economic and political terms in future.

Our economic policy is developing in a new direction, of course. The estimates of international financial institutions and the ratings of the most authoritative international organizations appreciate the work under way in Azerbaijan. At a time when credit ratings of many countries were falling in the crisis years, the credit ratings of Azerbaijan were upgraded by three leading rating agencies – Fitch, S&P and Moody’s. The World Economic Forum, the Davos forum, ranks Azerbaijan 39th in the world for competitiveness. What does this mean? This means that we are on the same level with 40 leading countries of the world for economic competitiveness. It is a great result and a major achievement. We are first in the CIS.

For the volume of direct foreign investment per capita we are in first place in the CIS.

I am not saying this just to praise ourselves although there are possibilities for that, of course. I am saying this because all of these successes and achievements were made possible by a careful policy. At the same time, I am saying this because we should not be complacent with these achievements. We have to look and we are looking to the future. We plan a development strategy of the country for 20-30 years. Azerbaijan’s industrial potential, the demographic situation, our access to the markets – this is what we have to think about. Our market has increased. But the potential available in Azerbaijan is not entirely consistent with our existing market.

We need to expand into new markets. Of course, we have to access regional and global markets with finished and competitive products. All of the large enterprises created in Azerbaijan should be at this level, at the highest international level. I am sure that the issues I have raised will be resolved in the future. Next year we will adopt the third part of our program on regional development. At the same time, other initiatives related to our industrial and economic policies will be implemented next year. So we should be constantly developing and not be content with our achievements. We must constantly be in search to further strengthen our country and provide a better life for the Azerbaijani people.

I want to say once again that the construction of this plant is a major event, a historic event, a remarkable event. I want to thank everyone who has participated in the construction of the plant. I am pleased and proud that such a great industrial enterprise has already been created in Azerbaijan. I wish the plant every success. Thank you.

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