construction in Caucasus

Azerbaijan, Armenia and US sums up year since Washington summit

In a joint statement on the first anniversary of the Peace Summit held on August 8, 2025, in Washington, the United States, Armenia and Azerbaijan reaffirmed their readiness to honor the agreements reached and to help unlock the economic potential of the South Caucasus.

Dredging work begins at Anaklia Port

Construction of the Anaklia deepwater port in Georgia continues, with dredging operations and approach channel works now underway.

Georgia to retain state ownership of Anaklia port

Georgia's authorities have decided to forego foreign ownership of the Anaklia deep-water port project, and will maintain state ownership, Minister of Economy and Sustainable Development Mariam Kvrivishvili said.

Zangezur Corridor to be definitely constructed - Ilham Aliyev

The Zangezur corridor will definitely be built as part of the development of the international East-West route, Azerbaijani President Ilham Aliyev said during his speech at the official opening ceremony of the 31st Baku Energy Forum.

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