Azerbaijan
CAREC in Azerbaijan
Azerbaijan joined the CAREC Program in 2003. Since then, the country has collaborated with other CAREC members to foster growth and connectivity, positioning the region at the center of Eurasia’s trade and commerce as global markets become more interconnected.
With CAREC’s support, Azerbaijan continues to strengthen its international and domestic road networks to drive economic growth, boost the competitiveness of its products through expanded trade, and accelerate regional development. The country’s North–South and East–West highways hold significant potential as key corridors for transit traffic between Asia and Europe. The rehabilitation of many of Azerbaijan’s roads could boost non-oil trade and increase traffic between the Caspian Sea and Black Sea.
Key Projects
As of 2023, more than $6.89 billion has been invested in Azerbaijan through CAREC. These projects have helped improve transport, trade, and energy infrastructure and policies, and have spread the benefits of better connectivity.
Key investments have been made in an international transport corridor linking East Asia to Europe. This corridor is part of a vast network that stretches from the People’s Republic of China (PRC) to Azerbaijan and points farther west, and from the cold Kazakhstan interior to the ports of Pakistan.
Along with its advances in road and railway construction, Azerbaijan has led the way in promoting efficient border controls –by simplifying customs procedures to significantly reduce transit times. Through its support of and participation in the CAREC Program, Azerbaijan is helping unlock the region’s vast resources and human potential.