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The Azerbaijan bridges and tunnels market is expected to grow at a CAGR of 8.5% from 2023 to 2027, reaching a value of USD 2.5 billion by 2027. This growth is being driven by the government's focus on infrastructure development, the increasing demand for transportation infrastructure, and the growing popularity of public-private partnerships (PPPs).
The Azerbaijani government is the largest procurer of bridges and tunnels in the country. In 2022, the government allocated USD 500 million for the construction of new bridges and tunnels. The government is also using PPPs to finance and manage infrastructure projects.
The main bridges and tunnels products and services procured by the Azerbaijani government include:
Design and construction of bridges and tunnels
Maintenance and repair of bridges and tunnels
Traffic management systems for bridges and tunnels
Tolling systems for bridges and tunnels
The top authorities for Azerbaijan bridges and tunnels procurement include:
The Ministry of Transport
The State Road Administration
The Baku Transport Agency
The top winners of Azerbaijan bridges and tunnels procurement include:
Azvirt
Azerkorpu
Tekfen Insaat
MAP Insaat
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