Transit Traffic Likely To Increase Owing To Corridor Interconnection - EDB's Chairman
Date
12/6/2024 3:06:27 AM
(MENAFN- Trend News Agency)
ALMATY, Kazakhstan, December 6. International
transit transportation may increase by 40 percent precisely due to
the interconnection of corridors, the Chairman of the Board of the
Eurasian Development bank (EDB), Nikolai Podguzov said during a
session on“Partnerships in Central Asia: global challenges through
the prism of local tasks” held in Kazakhstan's Almaty, Trend reports.
“Central Asia is a region where none of the five countries is
landlocked. Improving connectivity will help transform landlocked
countries into land-linked countries. This is why the EDB is
promoting the concept of a Eurasian Transport Network. Its basic
premise is that connecting East-West and North-South transport
corridors creates synergies,” he said.
He believes it unlocks innovative pathways for logistics,
establishes dynamic routes, and optimizes end-to-end pricing
structures.
“And this is a historic chance for Central Asia to become the
transportation crossroads of Eurasia,” he added.
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