Azerbaijan Railways takes stock of 2024: “major milestones in advancing international corridors”

Azerbaijan Railways (ADY) is looking back at 2024 with a sense of success. The company seeks to develop the Middle Corridor and International North – South Transport Corridor (INSTC), which helps the country diversify its economy. With developing infrastructure, growing volumes and international agreements, ADY seems positive about the progress made.

The raw numbers show an upward trend for various segments of ADY’s business: transit freight volumes grew by 5,7 per cent to 7,3 million tonnes in 2024. The volume of imports grew by 10 per cent to 5,2 million tonnes. More than 3,2 million tonnes transited Azerbaijan along the important East – West axis. ADY reports large growth numbers for various categories of freight, with oil and petroleum imports…