Construction of new port in Azerbaijan to commence in 2008
By the end of the year Korean GS Engineering & Construction will complete the development of a feasibility study to construct a new international sea port in Azerbaijan, the Azerbaijani Deputy Transport Minister, Musa Panahov, reported according to news agency Trend.
The cost of the new international trade port, construction of which is planned to begin in 2008, is assessed at $440mln.