BAKU, Azerbaijan, March 16. The Asian
Development Bank (ADB) has launched procurement procedures within
the framework of the "Azerbaijan Railways Digital Transformation
Project," and an international tender has been announced for the
project, Trend
reports via ADB.
The project involves the digitalization of the main operational
processes of "Azerbaijan Railways" CJSC and is financed by a loan
of $47 million. The financing was allocated within the framework of
ADB's loan No. 4497-AZE.
The main goal of the project is to increase the efficiency of
management and operations in the railway sector. In this context,
it is planned to digitize railway transportation management, asset
management, investment planning and management, and the system of
work with freight customers, as well as corporate functions.
The project is set to boost data management, streamline asset
management, enhance the overall efficiency of railway operations,
cut costs, bolster railway safety, and ramp up labor
productivity.
Simultaneously, the project will bring together ADY's key
business processes into one management information system, and the
skills of the company's employees in information technologies will
be enhanced.
The project will be implemented nationwide, and one of the main
goals is to ensure the sustainable development of the railway
sector in Azerbaijan.
All procurement procedures financed within the framework of the
project will be carried out in accordance with the ADB's
international open tendering rules. Procurement will be organized
through international competitive tendering procedures in
accordance with the bank's Procurement Policy and Rules dated
2017.
The financing for the initiative became effective on March 10,
2025, and the acquisition and bidding procedures are presently in
progress. The initiative received the green light on September 30,
2024.
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