• Sign in
  • 1744009905_435.svg 1744009905_642.svg

  • Latest news
  • Top headlines
  • Most read
  • Columnists
O'zbekcha
Ўзбекча
Русский
  • O'zb
  • Ўзб
  • Рус
  • Eng
  • O'zb
  • Ўзб
  • Рус
  • Eng
  • Latest news
  • Top headlines
  • Most read
  • Columnists
    • USD12910.15
    • RUB159.78
    • EUR14660.77
    • Google play
    • App Store
    • Telegram
    • Daryo
      • About Daryo
      • Editorial office
      • Contact us
      • Terms of use
      • Privacy policy
      • News archive
    • Advertisement
    • Social networks
      • Instagram | Main
      • Instagram | Lifestyle
      • Instagram | Sport
      • Facebook | Main
      • OK | Main
      • YouTube | Daryo
      • YouTube | Daryo in Russian
      • YouTube | Daryo Global
    Telegram Youtube Facebook Instagram Twitter vkontakte
    Daryo logo white
    • Uzbekistan
      • Others
      • Navoi
      • Tashkent region
      • Syrdarya
      • Jizzakh
      • Kashkadarya
      • Surkhandarya
      • Khorezm
      • Bukhara
      • Samarkand
      • Namangan
      • Fergana
      • Andijan
      • Karakalpakstan
      • Tashkent City
      • DaryoKindness
      • Weather
    • Central Asia
      • Uzbekistan
      • Afghanistan
      • Kyrgyzstan
      • Kazakhstan
      • Turkmenistan
      • Tajikistan
    • World
    • Money
      • Business
      • Economics
      • Finance
      • Crypto
    • Culture
      • Movies
      • Books
      • Music
      • Celebrities
    • Lifestyle
      • Women only
        • Children
        • Beauty
        • Carrier
        • Advises
        • Fashion
        • Recipes
      • Technology
        • Architecture
        • Gadjets
        • Science
        • Space
        • Media
      • Auto
      • Entertainment
      • Travel
      • Health
      • Education
        • Entrant
        • Learn english
    • Sport
      • Football
      • UFC
      • Boxing
    infinix
    Daryo.uz - Login
    Daryo.uz Daryo.uz
    Daryo.uz - Login
    World Money Central Asia

    Central Asia’s freight traffic expected to increase by two-thirds by 2030, EDB reports

    Central Asia’s freight traffic expected to increase by two-thirds by 2030, EDB reports

    Central Asia's freight traffic is set to experience a substantial increase, with projections indicating a rise to 1.7mn TEU (twenty-foot equivalent units) by 2030. This growth, forecasted by the Eurasian Development Bank (EDB), represents a significant expansion in the region's logistics capabilities.

    The Eurasian Transport Network map
    EDB report

    The Eurasian Transport Network (ETN), consisting of five key international transport corridors, is central to this development. These corridors include the Northern Eurasian Corridor, Central Eurasian Corridor, TRACECA (Transport Corridor Europe-Caucasus-Asia), the Trans-Caspian International Transport Route (TITR), and the International North-South Transport Corridor (INSTC). Together, they form the backbone of the ETN, linking Asia, Europe, and the Middle East.

    The EDB highlights that the interconnection of these transport corridors can generate up to 40% additional freight traffic, enhancing trade and reducing transport costs. The ETN aims to improve connectivity, create new logistics opportunities, and provide access to international markets, especially for landlocked countries in Central Asia.

    Key initiatives and projects, such as the Trans-Afghan Corridor and the China-Kyrgyzstan-Uzbekistan transport corridor, are set to further bolster the region's infrastructure. Container traffic along Central Asian corridors is expected to grow by almost two-thirds, reaching 1.7 mn TEU by 2030. This growth will facilitate more efficient transport and transshipment processes, making the region a crucial logistics hub.

    Economic and social benefits from the ETN include increased trade, job creation, and higher tax revenues. A one-day reduction in transport times can increase trade between countries along the corridor by 5.2%. The development of the ETN is expected to transform Central Asia into a vital transport hub, providing significant advantages for the region's economic growth.

    However, challenges remain. Key bottlenecks, such as sections of the Baikal-Amur Mainline (BAM) and rail access to the Azov-Black Sea Basin, need to be addressed to fully realize the potential of the ETN. The development of auxiliary infrastructure, including logistics centers, dry ports, and container terminals, is essential. Private investment and public-private partnerships (PPPs) will play a crucial role in developing the necessary transport infrastructure.

    The EDB also emphasizes the importance of soft infrastructure development, such as harmonization of legislation, digital transformation, and improved coordination mechanisms. Measures like electronic transport and shipping documents, digital tracking infrastructure, and electronic queuing at border crossing points are vital for the success of the ETN.

    Follow Daryo's official Instagram and Twitter pages to keep current on world news.

    10.07.2024, 13:33   Comments (0)   1172
    Facebook Twitter LinkedIn Telegram Email

    Comments (0)

    Sign in
    Leave A Reply Cancel

    On this topic

    Uzbekistan approves international agreement on China-Kyrgyzstan-Uzbekistan railway project

    10.07.2024, 13:04

    Chinese grant of $13mn to propel Kazakhstan’s space sector and lunar research

    10.07.2024, 12:35

    Samarkand Airport passenger numbers up 47% in 1H24

    10.07.2024, 09:56

    Uzbekistan postpones issuance of eco-stickers for cars to March 1, 2025

    09.07.2024, 22:04

    Petrochem petrochemical cluster in Uzbekistan to start operating in fall 2024

    09.07.2024, 21:41
    ×Lightbox Image

    Daryo.uz | Solution to your problems


    Don't want to waste time standing in lines? Pay your utility bills through the Ipoteka Retail mobile app?


    Beepul 's rising popularity: 3.5x user growth, transaction up 2.3x in 2024


    More than 500,000 new users: residents of Uzbekistan choose the Hambi superapp


    Ipoteka bank Joins AmCham Uzbekistan! 


    Beeline Uzbekistan started 2025 with a significant network modernization

     

    Recommended

    "I'm afraid of the dead": Interview with young Uzbek trapped and forced into the war in Donetsk

    3 May, 16:30

    Kyrgyzstan to lead Central Asia with 7% GDP growth, followed by Tajikistan at 6.7% and Uzbekistan at 6%, IMF projections

    29 April, 14:21

    "We are not their colony": Public pushback as Russian FM criticizes monument language in Uzbekistan

    24 April, 10:40

    Central Asia’s 1Q25 GDP rises across region, with Kyrgyzstan at 13.1% and Uzbekistan at 6.8%

    22 April, 13:13
     
     
     

    Latest news

    Uzbekistan's banking deposits surge to $25.2bn in March

    Uzbekistan | 8 May, 17:24

    Kazakhstan to boost supplies to Vietnam across 35 sectors as trade target set at $2bn

    Kazakhstan | 8 May, 15:12

    Kyrgyzstan launches national council to advance blockchain and crypto, partners with Binance

    Kyrgyzstan | 8 May, 13:57

    Uzbekistan plants over 136mn seedlings in spring 2025

    Uzbekistan | 8 May, 13:19

    Uzbekistan to host 59th ADB Annual Meeting in Samarkand for second time

    Uzbekistan | 8 May, 11:26

    Kazakhstan, Vietnam to scale up agro-processing and launch joint airline brand

    Kazakhstan | 8 May, 10:25

    Uzbekistan hits historic milestone with over 1mn foreign tourists in April 2025

    Uzbekistan | 8 May, 09:15

    Uzbekistan urges India and Pakistan to "prioritize diplomatic dialogue" amid escalating tensions

    Uzbekistan | 7 May, 21:53
    Daryo About Us

    Full reproduction or partial quoting of material, as well as the use of photographic, graphic, audio and/or video materials of Daryo (the Uzbek Press and Information Agency (UzAPI, now the Agency for Information and Mass Communications under the Presidential Administration of the Republic of Uzbekistan) is registered on 13.03.2015 with certificate number No. 0944 as a mass media) is allowed if there is a hyperlink to the website daryo.uz and/or are accompanied by a note indicating the authorship of the online publication Daryo. Individual publications may contain information that is not intended for users under the age of 18. Info@daryo.uz

    Telegram Youtube Facebook Instagram Twitter vkontakte

    © Simple Networking Solutions, 2013–2025

    Age restriction

    Did you find a bug? Press Ctrl + Enter

    • Terms of use
    • Privacy policy
    • Advertisement
    What are we going to search for?

    Sign In or Register

    Welcome Back!

    Login below or Register Now.

    Google

    or with email

    Leaving a comment, Пользовательского соглашения and Политики конфиденциальности

    Register Now

    Already registered? Login.

    Google

    or with email

    A password will be e-mailed to you.

    Leaving a comment, Пользовательского соглашения and Политики конфиденциальности

    Found an error in the text?

    ×

    Thank you. We have received your message and will fix the error as soon as possible.