AD Ports Group has acquired a majority share in the Tbilisi Dry Port. The logistics company, headquartered in Abu Dhabi, purchased sixty per cent of shares. Construction on the dry port is still ongoing, but it is scheduled to enter into operation in late 2024. With the acquisition of a majority stake in the Tbilisi…
Category: Middle Corridor
Baku-Tbilisi-Kars railway opens in April after major refurbishment
The Baku-Tbilisi-Kars railway line (BTK), spanning the territories of Azerbaijan, Georgia and Turkey, has been undergoing a major ‘facelift’ since last year. The goal is for the line to regain its past prestige and become a key route extending the Middle Corridor’s rail leg through Turkey to Europe. “We will commence cargo operations soon,” commented […]
After Germany, China is also planning to build a transport hub in Uzbekistan
China is planning to build a transport hub in Uzbekistan. The Chinese logistics company Shenzhen Neptune Logistics announced plans to contribute approximately fifteen million dollars to that end. It is not the first foreign company to take this step, as German company Rhenus earlier announced similar plans. The Chinese investments were announced at a meeting […]
Rail freight volumes between China and Kazakhstan reach record high
Rail freight volumes between China and Kazakhstan have reached a new record in 2023. Volumes grew by 22 per cent in comparison to the previous year. In total, volumes amounted to 28 million tonnes. Representatives of Chinese and Kazakh rail operators presented the new rail freight numbers at a meeting in the Chinese province of […]
EU to invest 10 billion euros in Middle Corridor
The European Union is allocating 10 billion euros for the development of the so-called Middle Corridor. It has identified 33 infrastructure projects to be financed, among which are many rail projects. The EU hopes to create an alternative transport route that circumvents Russian infrastructure. The currently allocated 10 billion euros will be spent on infrastructure […]
Azerbaijan goes ahead with Zangezur Corridor railway construction
Azerbaijan is actively constructing a railway in the direction of the ‘Zangezur Corridor’. The railway is reportedly about halfway to completion. With the railway, Azerbaijan is looking to open up a free movement corridor through southern Armenia to connect with its exclave Nakhchivan. The new route could be part of the ‘Middle Corridor’ land route […]
‘Chinese investments in EU infrastructure need to be better understood’
The European Parliament’s Transport and Tourism Committee (TRAN) commissioned a study on Chinese investments in non-maritime infrastructure in Europe and the possible risks they might entail. The biggest risks identified concern Chinese influence on EU countries which, according to the study, needs to be better understood. The main conclusion that can be drawn from it […]