Tuesday, 02 January 2024 12:17 GMT

Türkiye Unveils 2027-2029 Plan to Become Global Logistics Powerhouse


(MENAFN) Türkiye is moving to speed up transport operations and cut costs for exporters by overhauling its trade and logistics infrastructure, part of a broader push under its Medium-Term Program (MTP) for 2027-2029 to position itself as a global logistics hub linking Asia, Europe, the Middle East, and Africa.

The three-year economic blueprint puts a spotlight on building out alternative, more resilient trade routes along Türkiye's east-west and north-south corridors — a response to recent regional conflicts and disruptions to global supply chains.

As part of the plan, Ankara intends to expand the capacity and sharpen the competitiveness of international transport networks, with particular focus on the Middle Corridor and the Development Road project.

Officials are also working to reinforce rail connections along the Baku-Tbilisi-Kars and Kars-Igdir-Aralik-Dilucu lines, as well as the Zangezur Corridor. Together, these upgrades are designed to diversify and grow rail freight capacity running from the Caspian Basin through Türkiye and onward into European markets.

Further south, planned upgrades to the Hejaz Railway aim to establish seamless global transport links tying Türkiye into the broader Middle East.

The Istanbul Northern Railway Crossing, meanwhile, is set to become a pivotal junction, channeling freight from the Middle Corridor, the Development Road, and the Persian Gulf directly into Europe.

Through an uninterrupted, high-capacity rail network that integrates ports, railways, and roadways, Türkiye aims to lock in its position at the center of global trade flows.

The MTP also lays out plans to forge tighter links between these transport corridors and logistics centers, organized industrial zones, manufacturing facilities, airports, and border crossings — a move intended to raise rail's share of overall freight transport and broaden the country's intermodal transport capabilities.

Collectively, these measures are expected to sharpen Türkiye's competitive position in international trade and bolster its ambitions of becoming a global logistics hub.

Ankara is also looking to expand its overseas logistics distribution networks, with the goal of drawing more local companies into global supply chains and building the infrastructure needed to deliver end-to-end shipments faster and more cheaply worldwide.

Beyond logistics, the three-year roadmap places a priority on reducing Türkiye's reliance on foreign critical inputs and technologies, while laying groundwork for early intervention capabilities and alternative supply chains to guard against risks tied to geopolitical shocks or trade restrictions.

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