
“The UK Export Finance Agency (UKEF) has
already completed its first deal in the Azerbaijani aviation sector and is
currently studying port and rail infrastructure modernization projects in
Kazakhstan and Georgia,” said John Alderdis, the UK’s special trade
representative for Azerbaijan and Central Asia, at a conference on Caspian
transport connectivity in London.
He also noted that London’s interest in
infrastructure projects along the Middle Corridor (a strategic route connecting
Asia with Europe via Kazakhstan, the South Caucasus and Turkey) is growing
rapidly.
“The development of the Middle Corridor
should become a priority for all countries in the region. This direction
creates enormous economic potential,” — noted Alderdis.
In addition, Alderdis emphasized the
harmonization of trade standards, simplification of customs procedures and the
transition to digital platforms.
According to the European Bank for
Reconstruction and Development (EBRD), in order to fully utilize the potential
of this corridor, an investment of about 18.5 billion euros will be required in
solid infrastructure — in the expansion of ports, renewal of rolling stock and
construction of logistics hubs.
According to official data, in 2024, the
cargo turnover of the Trans-Caspian International Transport Route (TITR)
increased by 62% and reached 4.5 million tons. In 2025, an increase of up to
5.2 million tons is expected, of which 4.2 million tons will pass through the
countries participating in the route.
It is expected that 2.5 million tons will be dry cargo (about 96,000 TEU), and 1.7 million tons will be oil. The total throughput of the route could reach 10 million tons by 2027.
Info: europetime.eu