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Volume of cargo transportation by Kazakhstan-Turkmenistan-Iran railway increases

Transport Materials 1 September 2020 11:57 (UTC +04:00)
Volume of cargo transportation by Kazakhstan-Turkmenistan-Iran railway increases

BAKU, Azerbaijan, September 1

By Jeila Aliyeva - Trend:

The volume of trade turnover on the Kazakhstan–Turkmenistan-Iran railway continues to gain momentum, the Ministry of Foreign Affairs of Kazakhstan told Trend.

Thus, the volume of trade turnover on the Kazakhstan – Turkmenistan - Iran railway reached 272,960 tons in 1Q2020, noted the ministry.

"The volume of trade turnover on the railway was more than 1.2 million tons in 2019. The annual volume of traffic on this highway has exceeded 1 million tons of cargo since 2018," added the ministry.

The construction of the Kazakhstan – Turkmenistan - Iran railway began in 2009.

First President of Kazakhstan Nursultan Nazarbayev and President of Turkmenistan Gurbanguly Berdimuhamedov opened the Bolashak (Kazakhstan) – Serkhetyaka (Turkmenistan) border crossing on May 11, 2013.

The official opening of the Kazakhstan - Turkmenistan - Iran railway took place on December 3, 2014.

The project of this railway was implemented with the financial assistance of the Asian Development Bank and the Islamic Development Bank.

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