Tuesday, 02 January 2024 12:17 GMT

Lithuania Projects Middle Corridor Freight Traffic To Reach 20 Million Tons In 3 Years


(MENAFN- Trend News Agency) BAKU, Azerbaijan, June 3. The capacity and volume of transportation along the Middle Corridor can rise from the current 5 million to 20 million tons over the next 3 years, Manager of the Transport Innovation Association (TIA), former Vice Minister of Transport and Communications of Lithuania, Julius Skackauskas, said at the International Transport and Logistics Forum in Baku, Trend reports.

According to him, the Middle Corridor is becoming one of the key transport routes connecting the markets of Europe and Asia.

Skatskauskis noted that the European Union, with a population of approximately 500 million and an economy of approximately 20 trillion euro, represents a huge market, access to which an be further expanded by developing transport connectivity through the Middle Corridor.

He emphasized that for the route to develop further, its reliability, safety, and sustainability must be ensured. At the same time, he noted, despite existing bottlenecks and the need for further infrastructure improvements, the corridor's development is moving in the right direction.

The Lithuanian representative highlighted the implementation of infrastructure projects in Azerbaijan, including the expansion of the Baku–Tbilisi–Kars railway line, emphasizing their importance for improving transportation efficiency.

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Trend News Agency

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