China Looks To Explore Infrastructure Projects Along Middle Corridor - Ambassador


(MENAFN- Trend News Agency) BAKU, Azerbaijan, April 1. Georgia isinterested in developing infrastructure projects along theTrans-Caspian International Transport Route (TITR) - the MiddleCorridor, Zhou Qian, China's Ambassador to Georgia, said in aninterview with local media, Trend reports.

"Chinese Railway Department is prepared to be actively involvedin the investment, construction, and operation of the Georgianrailway, ports, as well as energy and other projects, which wouldbe connected to the Middle Corridor," he said.

The ambassador highlighted Georgia's participation in the "OneBelt, One Road" initiative. He noted that Georgia was among thefirst to embrace and benefit from this initiative, tapping intoChina's vast market opportunities.

The Middle Corridor is a transportation and trade route thatconnects Asia and Europe, passing through several regionalcountries. It is an alternative route to the traditional NorthernCorridor and Southern Corridor. The route starts in China andcrosses Central Asian countries such as Kazakhstan, Uzbekistan, andTurkmenistan. It then passes through the Caspian Sea, Azerbaijan,Georgia, and Türkiye before reaching Europe.

Kazakhstan, Azerbaijan, and Georgia joined forces to create ajoint venture called Middle Corridor Multimodal Limited. Based inAstana, this venture brings together the railway systems of thethree countries. Its goals include setting uniform tariffs,coordinating equipment provision, and ensuring smooth servicesalong the route within our nations.

MENAFN01042024000187011040ID1108043121


Trend News Agency

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.