(MENAFN- Trend News Agency) BAKU, Azerbaijan, November 25. The
implementation of the Roadmap activities will increase the
throughput capacity along the Trans-Caspian International Transport
Route (TITR) to 10 million tons per year by 2025, Kairbek
Uskenbayev, Minister of Industry and Infrastructure Development of
Kazakhstan, said during the Ministerial meeting in Aktau, trend reports, referring
to Kazakhstan President's Central Communication Service.
According to Uskenbayev, with a sharp increase in the volume of
cargo transportation, bottlenecks on the route were identified. In
this regard, the creation of a Roadmap for the simultaneous
elimination of bottlenecks and the development of the TITR, or
so-called Middle Corridor, for 2022-2027 was initiated between the
stakeholders.
Currently, Kazakhstan is developing railroad and port
infrastructure, as well as dredging port waters to achieve the
increase in throughput of the corridor, he noted.
“We are addressing the questions of replenishing the container
park and our ship fleet, as well as simplifying the border crossing
procedures. Kazakhstan commenced the construction work of the
second track on the 836-kilometer-long Dostyk-Moyinti railway. The
issues of opening a third border crossing on the border between
Kazakhstan and China and the construction of a new Bakhty-Ayagoz
railway line have also been worked out. A feasibility study for the
project is currently being developed. It is envisaged that 80
percent of the funds will be provided by the Eurasian Development
Bank, while other 20 percent - by Kazakhstan Temir Zholy
(Kazakhstan Railways),” the minister added.
MENAFN25112022000187011040ID1105232772
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.