2024-07-09 21:00:13
Solving the problems with bottlenecks on the Trans-Caspian International Transport Route (TITR, or Middle Corridor) requires coordinated efforts.
As reported by Day.Az, this was stated to Trend by the General Director of Eastcomtrans LLP Almas Abaydeldinov on the sidelines of the annual meeting and business forum of the Eurasian Development Bank (EDB) in Almaty.
“Currently, the international association “Trans-Caspian International Transport Route”, of which “Istcomtrans” is a member, is actively working on various tasks. There are a number of “bottlenecks” on the route. For example, the ports of the Caspian Sea. There are capacity and infrastructure limitations in ports in Kazakhstan, as well as in Azerbaijan. At the same time, some sections of railways and roads require modernization and expansion to ensure a stable and efficient traffic flow,” Abaydeldinov said.
Because the route passes through several countries, coordination between different national transport and logistics systems can be complex, he said. Differences in customs procedures, administrative requirements and regulations can slow down the movement of goods.
“Inconsistency in tariffs and transportation conditions between participating countries can also create problems and increase transportation costs. In addition, lengthy and complex customs procedures in different countries can create delays and increase transit time. There are also various bureaucratic barriers and requirements. They can complicate the process of transporting goods and increase administrative costs,” he said.
Abaydeldinov emphasized that political instability in some countries through which the route passes may create risks to the safety and reliability of transportation. At the same time, regional conflicts and international sanctions may negatively affect transit routes and limit transportation capabilities.
“Modernization and expansion of infrastructure requires significant investment. Attracting private and public investors, as well as international financial institutions, can be a difficult task. Long-term infrastructure projects require sustainable and reliable financing, which can also be a challenge for participating countries. Addressing these issues requires coordinated efforts at the national and international levels, as well as significant investment in infrastructure and improved logistics processes,” he added.