THE BIG IDEA

 

 

China’s “One Belt, One Road” project aims to make central Asia more connected to the world. A ribbon of fresh projects, such as the Khorgos “dry port” on the Kazakh-Chinese border and a railway link connecting Kazakhstan with Iran, is helping increase trade across central Asia.
 

Multilateral financial institutions, such as the Asian Development Bank, the European Bank for Reconstruction and Development and the World Bank have long been investing in the region’s infrastructure. Other countries, including Turkey, the US, and the EU have also made investments to improve Eurasian connectivity a part of their foreign policy.

A number of major projects in the regions are underway including:

  1. Moscow-Kazan high-speed railway; a China-led consortium to build a 770km highspeed railway line between Moscow and Kazan. It’s set to cut journey time between the cities from 12 hours to 3.5 hours. Total investment in the project, is some $16.7bn.
  2. Khorgos-Aktau railway; Kazakhstan announced a plan to build a railway from Khorgos on the Chinese border to the Caspian Sea port of Aktau. The scheme dovetails with a $2.7bn Kazakh project to modernise its locomotives and freight and passenger cars and repair 450 miles of rail.
  3. Iran plans to extend its nationwide railroad line to 25,000km by 2025 from under 15,000km now, with 7,500km already under construction.
  4. Open a rail track to access Afghanistan’s mines, which will ship minerals to India via the south-eastern port of Chabahar, bypassing Pakistan.
  5. China-Kyrgyzstan-Uzbekistan railway; the construction of the delayed Kyrgyz leg of the China-Kyrgyzstan-Uzbekistan railway started in 2016. 104km of the 129km Uzbek stretch of the railway has already been completed.
  6. Khorgos Gateway; a dry port on the China-Kazakh border that is seen as a key cargo hub on the new Silk Road, began operations in 2016. China’s Jiangsu province has agreed to invest more than $600m over five years to build logistics and industrial zones around Khorgos.

 

With such investment programmes in place, can you help the Caspian and neighbouring Central Asian projects by:

  • Ensuring the safe construction of railway networks
  • Leveraging off successfully delivered international projects
  • Advising on how to finance major rail projects
  • Integrating and modernising legacy networks
  • Sourcing new technologies

 

 

 

 

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Find out how you can get involved

Contact Jamie Hosie on +971 4440 2501 or email jamie.hosie@terrapinn.com