The next discussion on the strategy of the Azerbaijan railways until 2030 was held
On May 21, 2020 an agreement was signed with McKinsey & Company, one of the leading world companies, on the development of the Corporate strategy of the Azerbaijan Railways CJSC until 2030, and the implementation of the project is underway.
On September 2, another video conference was organized with the participation of the representatives of the board of Azerbaijan Railways CJSC and representatives of McKinsey & Company. During the videoconference, the representatives of McKinsey & Company provided detailed information on the project implementation, as well as discussed the strategic goals of the Azerbaijan Railways and other issues.
Chairman of Azerbaıjan Railways CJSC, Javid Gurbanov spoke about recent political and economic events in the country, noting their potential impact on the activities of the Azerbaijan railways. The Chairman emphasized the strategic importance of the targeted and efficient investments in railways, optimizing operating costs, and increasing profitability, especially in transit corridors. Also, he stressed the importance of investing in the railway in order to successfully continue its social responsibility in the field of passenger transport and maintain the proper level of infrastructure services as in most countries.
Then the international experts in the railway sector of McKinsey & Company presented to the board members of Azerbaijan Railways CJSC examples of the most successful railways in the world and made recomnnedations on the development of the strategic goals of Azerbaijan Railways.