(MENAFN- Trend News Agency) BAKU, Azerbaijan, May 7. The development ofrailroad infrastructure in the Caucasus and Central Asian countrieshas huge potential, especially in the context of the MiddleCorridor, member of the executive board of the Central Europeangroup of companies AZC Orbis Invest and majority shareholderrepresentative of the Slovak company Betamont, Matej Sabol said,Trend report.
He made the remark on the sidelines of the Azerbaijan-Slovakbusiness forum.
“Betamont is active in the development of transportationinfrastructure, especially in the rail sector. Betamont hasextensive experience in the field of safety systems. We mainlyinstall signaling and interlocking devices and other means aimed atensuring the safety of railway traffic. In addition, Betamont alsoworks with roads, tunnels, bridges, and other infrastructure. Thisis a highly specialized industry, and we see the Central Asia andCaucasus region promising to be very promising with the developmentof rail routes here, especially with the Middle Corridor, which isessentially the new Silk Road,” Sabol said.
According to him, since it is now extremely difficult to delivergoods from Asia to Europe via Russia, the Middle Corridor opens upeven more opportunities for Betamont's activities in the countriesof the region.
To note, the Middle Corridor links the containerized railfreight networks of China and the European Union through CentralAsia, the Caucasus, Türkiye, and Eastern Europe.
A multilateral multimodal transportation infrastructure linksthe ferry terminals of the Caspian and Black Seas with the railwaysystems of China, Kazakhstan, Azerbaijan, Georgia, Türkiye,Ukraine, and Poland.
The Middle Corridor facilitates increased cargo traffic fromChina to Türkiye, as well as to European countries and in theopposite direction.
A route train along this corridor delivers cargo from China toEurope in an average of 20–25 days, and this is one of the mainadvantages of this transport corridor.
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