“Kazakhstan and its European partners unveiled four transport deals worth a combined $462 million on June 22, giving President Kassym-Jomart Tokayev’s visit to Belgium a concrete outcome on Eurasian connectivity. The package was presented at the business conference ‘Strengthening EU-Kazakhstan Connectivity: Perspectives and Strategic Potential of the Middle Corridor’.”
“The Trans-Caspian International Transport Route, also known as the Middle Corridor, is a multimodal transport corridor linking China and Europe through Central Asia and the South Caucasus, offering an alternative to routes that pass through Russia.”
“National road operator QazAvtoZhol and the European Bank for Reconstruction and Development signed a loan agreement for the Aktobe-Ulgaisyn road project. The Aktobe-Ulgaisyn project covers a 234-kilometer section of the Western Europe-Western China corridor and is intended to improve regional and transit connectivity…”
“Particular attention was given to the complementarity between the Trans-Caspian International Transport Route and the European Union’s Global Gateway initiative…”
“In recent years, freight volumes along the Trans-Caspian corridor have increased by more than 3.5 times, while transport times between China and Europe have been significantly reduced due to infrastructure upgrades and improvements in logistics processes.”