On January 29, the EU-Central Asia Transport Investment Forum was staged in Brussels, where representatives of various countries, financial institutions and enterprises gathered to build an efficient intermodal transport corridor connecting Europe and Central Asia.
Kazakh Minister of Transport Karabayev introduced the achievements and prospects of Kazakhstan's transport industry at the meeting. He highlighted the key role of Kazakhstan in transshipment of goods between Europe and Central Asia, and proposed to make the Kazakh station a major transit route between Asia and Europe.
Karabayev revealed,In the next five years, Kazakhstan will attract 40 billion euros of investment to implement major infrastructure projectsThis includes the renovation of 4,700 kilometers of transit corridors, 1,300 kilometers of new railway arteries, and the management of 22 airports to European investors.
Deputy Director General of Turkmenistan's Transport and Communications Agency, Anayev, said that Turkey has a modern port infrastructure in the Caspian Sea and is gradually emerging as an important hub for the international corridor for transshipment of goods from the mainland. Turkmenistan has invested in the development of infrastructure, including railways, roads, air and sea routes, and more than 5,000 kilometers of railways ensure regional connectivity and have great transit potential.
At a time of uncertainty in the management of the global ** chain, European companies are interested in investment opportunities in transport routes in Central Asian countries. Annayev invited large European logistics operators to use their existing logistics capabilities to establish a new cross-border logistics hub in Turkey to achieve win-win cooperation.
The Global Gateway initiative was launched by European Commission President Ursula von der Leyen to connect goods, people and services around the world through high-quality infrastructure investment. The initiative will invest hundreds of billions of euros to promote infrastructure projects in newly industrialized and developing countries.
The initiative was officially launched by European Commission President Ursula von der Leyen on December 1, 2021, and has become an important initiative of global concern.
Cooperation between the Central Asian countries and the EU in the field of transport will make an important contribution to economic ties in the region. The parties expressed strong interest in specific transport cooperation projects, and exchanged experiences in jointly developing transport infrastructure and introducing digital technologies to manage transport flows.
At this time of opportunity and challenge, transport routes in Central Asia offer great opportunities not only for sustainable and safe transport, but also for promising investment opportunities for European companies.