The strategy of Azerbaijan Railways until 2030 was discussed
To develop the Corporate Strategy of the Azerbaijan Railways until 2030, on May 21 an agreement was signed with McKinsey & Company, one of the world’s leading companies, and in this direction,research continues.
On July 17, a video conference was organized with the participation of the Chairman of Azerbaijan Railways CJSC and the representatives of McKinsey & Company. During the video conference, representatives of McKinsey & Company provided detailed information on the progress of the project.
Chairman of Azerbaijan Railways CJSC Javid Gurbanov, drew attention to the favorable geographic location of our country and the growing role of the Azerbaijani railways in international transport corridors passing through the country, and also emphasized the positive impact of recent targeted steps on the development of the country’s transit potential. To this end, along with increasing the operational efficiency of Azerbaijan Railways CJSC, he noted the importance of expanding the participation of all links of the transport chain in this process and cooperation with stakeholders in the development of appropriate corridors.
Then, international experts from McKinsey & Company presented to the Chairman of Azerbaijan Railways CJSC reviews and development trends of the global and regional railway sector, the impact of the COVID-19 pandemic on the railway sector. For the success of the strategy, the expected implications of global and regional trends were discussed. The parties exchanged experience on this topic.