The WACO System has appointed Scanex Enterprises as the network’s representative in Azerbaijan.

Scanex is headquartered in the Azeri capital, Baku, and the independent freight forwarder offers road, air and sea freight solutions.

“Scanex is a young and dynamic company that offers a full range of logistics services, and WACO members will benefit from the opportunities that the company will bring to them for the central Caucasus region,” commented Richard Charles, Chief Executive Officer, WACO. “I am pleased to welcome Scanex to the upcoming Extraordinary General Meeting in Bangkok where they can meet their WACO partners for exploring business growth opportunities.”

Azerbaijan has an oil-dependent and emerging economy, and apart from growing international investment in developing the country’s oil and gas potential, the construction sector is rapidly developing.

“Azerbaijan is a busy transit zone, which connects Europe, Russia, and Asia, and that will create many opportunities for our partners in WACO,” added Kanan Sadigli, Managing Director, Scanex. “We are very positive about joining WACO and have already received invitations to meetings from numerous WACO members, who we are also looking forward to meeting at the EGM.”