Azerbaijani railways, Georgia, Turkey and Kazakhstan will create a joint venture “Middle Corridor”, reports the Edition of Rail-News.kz with reference to Railway Supply.
“JV Middle Corridor is planned to create between the railways of Kazakhstan, Georgia, Azerbaijan and Turkey, participating in the Association” Trans-Caspian International Transport Route “(TMTM). It is expected that the official design of the joint venture will be completed at the beginning or mid-2023,” in the message.
At the same time, information on the creation of the joint venture “Middle Corridor” confirmed the Secretary General of the Association Gaidar Abdiikerims during the special issue of Railfreight Summit: “Yes, the joint venture is officially formed, but it is worth waiting for at least the end of the year. However, most likely the company It will be officially registered at the beginning – mid-2023. The goal of creating a joint venture is to add Middle Corridor’s values, as it will “facilitate the overload processes and will take a pass through different countries and methods more smooth.”