S I T E M A P
Baku, Azerbaijan
New Headquarters for the Central Bank of Azerbaijan
Baku, Azerbaijan
New Headquarters for the Central Bank of Azerbaijan
CM
- Introduction
- The Central Bank of Azerbaijan project provided comprehensive Project Management (PM) and Construction Management (CM) services across the entire construction process, including design management, contractor tendering, and construction supervision. Heerim CM signed a PM contract with the Central Bank of Azerbaijan in November 2018. Through effective management of the CHBL design, the project achieved an approximate 10% reduction in the estimated construction cost. From August 2019, Heerim also led the preparation and prequalification process for an international competitive bidding. To meet the client’s key requirements of early commencement of construction, a shortened schedule, and completion within the approved budget, every effort was made to ensure the successful delivery of this iconic building. One of the project’s defining features is its solid yet flexible curved mass, designed to express national economic stability and growth. The upward-rising exterior form symbolizes financial development and a forward-looking vision. With its modern architectural aesthetics and high level of technical quality, the building is widely recognized as a new financial landmark in Baku. Building on its successful experience with major projects in Baku, including the Baku Olympic Stadium, SOCAR Tower, and Azersu Tower, Heerim once again demonstrated its technical excellence. In addition, the project has gained attention for presenting a new PMC business model. Due to Heerim’s strong reputation and the client’s trust, the project was contracted without a competitive bid. Heerim’s extensive experience in the design and construction management of high-security national facilities, such as Incheon International Airport Terminals 1 and 2 and the annex building of the Bank of Korea, played a key role in the project’s successful completion. The successful delivery of this project is expected to have a positive impact on future opportunities to secure major national infrastructure projects worldwide, including new airports, ports, industrial, and financial institutions requiring the highest levels of security.
