In the Caspian region, the active development of the Caspian International Transport Corridor, which consists of three routes, is currently underway, said Russian Deputy Prime Minister Alexei Overchuk.
“Today in the Caspian region there is an active development of the Caspian International Transport Corridor, which consists of three routes. The first one runs along the western coast of the Caspian through Dagestan, Azerbaijan and Iran. The second is maritime and provides interconnections between the ports of all states of the Caspian Sea basin. The third route runs along the eastern coast of the Caspian Sea from Russia through Kazakhstan and Turkmenistan to Iran,” Overchuk said.
Interfax-Azerbaijan reports that the Deputy Prime Minister, speaking on Friday at the plenary session at the Made in Russia 2022 International Export Forum, stressed that the first and third routes provide both rail and road transportation.
“The advantage of the Caspian International Transport Corridor is determined by the fact that it allows access to the seaports of Iran and provides connectivity with the markets of Pakistan, India, Southeast Asia, the states of the Persian Gulf and Africa,” he said.
Overchuk added that dredging and reconstruction of the Volga-Caspian sea shipping channel is currently underway, as well as the development of the ports of Astrakhan, Olya and Makhachkala in Russia. “Alat port in Azerbaijan is being expanded. Iran is starting to work on modernizing and integrating its ports with the country’s railway system. Investments will also be made in the development of terminals and the construction of logistics centers in the ports of Bandar Abbas and Chabahar,” he said.
He stressed that in order to ensure the growing volume of maritime traffic in the Caspian Sea, issues of building various types of sea vessels are being actively discussed. “For this, first of all, the shipbuilding capacities of Russia, Turkmenistan and Azerbaijan will be involved,” he added.