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The dynamics of cargo transportation along the Trans-Caspian route in January- August 2023 increased by 85.3% as compared to the same period of the last year. This is more than 1.7 million tons of cargo. Such data was announced at the business forum “TMTM 2023: innovation and development in the era of digitalization” by the press service of JSC National Company Kazakhstan Railways. (JSC “NC “Kazakhstan Temir Zholy”).

The conference took place on Friday in Aktau (Kazakhstan). It is dedicated to the 10th anniversary of the Trans-Caspian International Transport Route (TITR) and is dedicated to the dynamically changing situation in the region. On the sidelines of the forum, participants from 10 countries discussed current market challenges, intensified investment cooperation, and the expansion of trade and economic ties. Experts in the region considered active measures to diversify routes and develop infrastructure and logistics projects, the report notes.

The meeting in Aktau became a platform for decision-making, adaptation of business strategies and active joint participation in the development of the Trans- Caspian international transport route in the context of rapid digitalization.

The forum also included a meeting of the working group on the development of the route and the signing of an Agreement on interaction and liability measures when organizing the transportation of goods as part of container trains along the route using feeder vessels and an Agreement on the organization of container transportation in direct international railway and water communication with the participation of feeder vessels between the ports of the Caspian Sea.

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Photo: JSC National Company Kazakhstan Railways