The next board meeting was held at Azerbaijan Railways CJSC
The next board meeting was held at Azerbaijan Railways CJSC.
At the beginning of the video-conference, the memory of the victims of the March 31 – genocide of Azerbaijanis was honored. Chairman of Azerbaijan Railways Javid Gurbanov spoke about the work done over the past period and plans for the future. He noted the importance of fulfilling the duties and obligations on the management of the Azerbaijan Railways CJSC on the basis of the instructions and orders of President Ilham Aliyev. It was noted that the establishment of the “Azerbaijan Investment Holding” in accordance with the Decree of the President will further increase the efficiency of the economy due to the ongoing structural reforms in our country. The Chairman emphasized the importance of joint efforts to improve the activities of state enterprises, as well as the development and efficiency of the railway sector, improve corporate governance. Javid Gurbanov noted that Azerbaijan Railways CJSC was transferred to the management of Azerbaijan Investment Holding by the decree signed by President Ilham Aliyev on February 12, 2021. These decisions would impact on increasing the economic efficiency of investment programs, increasing competitiveness and improving financial stability.
At the meeting, relevant instructions were given to the structural divisions in order to ensure the implementation of the issues stipulated by the instructions of the President. It was instructed to prepare and submit reports on the work done and the upcoming plans in the field of law, finance, human resources and international cooperation.
The Chairman expressed confidence that the staff of Azerbaijan Railways CJSC will continue to fulfill their obligations in a properly and timely manner.