Rail freight volumes along the Azerbaijani section of the INSTC have grown by 25 per cent in the first half year of 2024, when compared…
Category: Azerbaijan
Iran inaugurates railway linking Caspian Sea to Persian Gulf
The International North-South Transport Corridor (INSTC) sees another critical rail puzzle piece taking its place. The Qazvin-Rasht rail link will be inaugurated on Thursday, 20 June in the presence of Iranian, Russian and Azerbaijani delegates. This short (37 kilometres) but critical piece of infrastructure will provide seamless railway connections between Caspian Sea ports and the…
Azerbaijan Railways might be the next to build a rail terminal in China
Azerbaijani Railways (ADY) is considering the option of purchasing or building a railway terminal in China. The company follows a recent trend initiated by KTZ, and possibly aims at maximizing the capacity of the Middle Corridor. ADY’s Chairman Rovshan Rustamov made the company’s intentions known to appoint a special representative for China, as Azerbaijani outlet…
Turkey to start building key Zangezur connection in late 2024
Turkey will start building a railway from Kars to Nakhchivan, Azerbaijan’s exclave region, at the end of 2024. In combination with a possibly completed Zangezur Corridor, Turkey and Azerbaijan will have a direct rail connection, creating an alternative route for Asia – Europe traffic. According to the Turkish minister of transport, the Kars – Nakhchivan…
Middle Corridor countries discussing 50% tariff discount
The Middle Corridor is too expensive as a competitive alternative to other transport corridors that connect Europe and China. In an effort to boost the route’s attractiveness, involved countries are now discussing a fifty per cent discount on tariffs along the route. Five countries that are part of the Middle Corridor are currently taking part…