According to the Order of the President of the Republic of Azerbaijan on the ‘Construction of New Baku International Sea Trade Port Complex’ signed on March 18, 2007 the existing sea trade port was demolished, and a new port complex is being constructed in Alat settlement, 65 km south of Baku. The new port will provide general cargo and passenger terminals, cargo handling and Ro/Ro facilities, rail ferry terminal connecting the ports of Aktau and Turkmenbashi as well as International Logistics Centre. Construction of the Port Complex will be completed in three stages in 2014. Estimated transshipment of the new port complex is: up to 10 million tones of cargo and 40 thousand TEU container at the first stage, up to 17 million tons of cargo and 150 thousand TEU container at the second stage and up to 25 million tons of cargo, 1 million TEU- containers at the third stage of the project implementation. The first stage of project implementation is 3 years 6 months, with allocated 104 hectares of the land area and 9 bridges (2 ferry, 4 dry cargo, 1 Ro-Ro and 1 naval service bridges). International Transport Logistics Centre within the framework of TRASECA is planned to be built on the 100 ha area (50 ha at the first stage) out of 400 hectares allocated for the port complex. Considering the location of the port complex at the intersection of East-West and North-South corridors to be suitable for the International Transport Logistics Centre, the transport experts of the European Commission, have already submitted a General Plan of the project to be prepared on a European Union grant to the Ministry of Transport of the Republic of Azerbaijan. The construction of this centre has been advised to be funded on private, state-private, ‘build-operate-transfer’ (BOT) basis. During the second stage of the construction one additional ferry terminal and 4 bridges for dry bulk cargo are planned to be built. This will increase port’s transshipment capacity to 7 000 000 tons. At the third stage 650 meters long container terminal is planned to be brought into operation along with the construction of ferry terminal Port in Alat will be multi-mode. In addition to the logistics center, a free economic zone is planned to be created in this area in future.