Chapter 5 Conclusion, Recommendations and Discussions 5.1 Conclusion This paper analyzed the role of port in the corridor on the example of Port of Baku. The theoretical framework is divided into three parts: port, hinterland and corridor, giving an answer to 4 sub-questions that are necessary for the solid background, used as a foundation of the results part. The Table 8 shows the main findings of the paper. Table 8: Summary Theory Port of Baku Port of Alyat Port Ports play a crucial Plays a transit role Meets European role in economic between Eurasian standards, opens development of a trade. However, can the market for country. The improve efficiency, as shipping focused role of port- has shortages: delays, companies as a gateway old machinery and logistics. corrupts. Hinterland Hinterland Playing a bridging Financed by infrastructure uses role in Eurasian TRACECA, it was different types of transshipment, a constructed to transportation to well-developed improve the deliver goods to the hinterland plays a efficiency of the final destination. critical role for Port old port, expand The most common of Baku. However, a the economics modes of number of relationships transportation: road improvements should and railway. be undertaken to make the work of the port more efficient. Road Is more efficient for are 2 routes: Has a land the distance Southern and connection with transshipments as it Northern. Should be Ports of Poti and is fast. altered, as there are a Baku. lot of delays. Railway Used for the heavier Bribes on the boards, Improved board transshipment. delays restricted the and custom development of service, faster transshipments.
Chapter 5 Conclusion, Recommendations and Discussions 5.1 Conclusion This paper analyzed the role of port in the corridor on the example of Port of Baku. The theoretical framework is divided into three parts: port, hinterland and corridor, giving an answer to 4 sub-questions that are necessary for the solid background, used as a foundation of the results part. The Table 8 shows the main findings of the paper. Table 8: Summary Theory Port of Baku Port of Alyat Port Ports play a crucial role in economic development of a country. The focused role of port- as a gateway logistics. Plays a transit role between Eurasian trade. However, can improve efficiency, as has shortages: delays, old machinery and corrupts. Meets European standards, opens the market for shipping companies Hinterland Hinterland infrastructure uses different types of transportation to deliver goods to the final destination. The most common modes of transportation: road and railway. Playing a bridging role in Eurasian transshipment, a well-developed hinterland plays a critical role for Port of Baku. However, a number of improvements should be undertaken to make the work of the port more efficient. Financed by TRACECA, it was constructed to improve the efficiency of the old port, expand the economics relationships Road Is more efficient for the distance transshipments as it is fast. are 2 routes: Southern and Northern. Should be altered, as there are a lot of delays. Has a land connection with Ports of Poti and Baku. Railway Used for the heavier transshipment. Bribes on the boards, delays restricted the development of Improved board and custom service, faster transshipments.