Azerbaijan, Kazakhstan And Georgia Railways Form Joint Venture
Date
10/26/2023 10:09:07 AM
(MENAFN- Trend News Agency) BAKU, Azerbaijan, October 26. Railways of
Azerbaijan, Kazakhstan and Georgia have set up a joint venture,
Trend reports.
According to Azerbaijan's Railways, during the Silk Road Forum
in Tbilisi today, Azerbaijan Railways, Kazakhstan Railways, and
Georgian Railways signed an agreement envisaging the establishment
of a parity joint venture.
The three countries' railways have collaborated to create an
appropriate multimodal transportation along the Trans-Caspian
international transport corridor. The Astana International
Financial Centre will serve as the foundation for the new
enterprise, Middle Corridor Multimodal Ltd.
The above company will thereby offer the opportunities to
provide services through a "one-window" model, guarantee the timely
delivery of goods, and hence implement a coordinated policy for the
advancement of multimodal services in the direction of China-Europe
/ Türkiye-China.
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