Discussions on “2030 Corporate Strategy” of “Azerbaijan Railways” CJSC were held at the meeting chaired by Minister Rashad Nabiyev
The next meeting of the Supervisory Board of Azerbaijan Railways CJSC discussed the 2030 Corporate Strategy. The meeting was attended by the Chairman and members of the Supervisory Board of Azerbaijan Railways, representatives of the Ministry of Transport, Communications and High Technologies, Azerbaijan Investment Holding, Azerbaijan Railways CJSC and McKinsey & Company.
In his speech, Chairman of the Supervisory Board of Azerbaijan Railways, Minister of Transport, Communications and High Technologies, Rashad Nabiyev noted the importance of taking into account three important factors in the railway development strategy: savings, improving service quality and reducing negative environmental impact.
The Minister expressed his views and proposals on investment, digital transformation, improving human resource management, as well as the integration of railways into the international transport system and other issues that will be reflected in the strategy.
Rashad Nabiyev stressed the importance of the strategy, taking into account the experience of structuring the services offered by relevant railway companies operating in similar regions, taking into account the future financial stability of the organization and the effective return of public investment.
Ruslan Alikhanov, General Director of Azerbaijan Investment Holding, noted that this document, which defines the strategic goals and action plan of the Company, provides an overview of the development of railway transport until 2030.
Chairman of Azerbaijan Railways Javid Gurbanov said that the development of the railway network requires a conceptual approach, and therefore the Corporate Strategy Plan takes into account all directions.
A presentation was made on the progress of the project, and an exchange of views took place on issues of mutual interest.