ASTANA, Kazakhstan, September 29. The business forum "TITR 2023: innovation and development in the era of digitalization" was held in Aktau, dedicated to the dynamically changing situation in the region of the Trans-Caspian International Transport Route (TITR, Middle Corridor) and bringing together participants from 10 countries, Trend reports.
Participants comprehensively studied key infrastructure projects and discussed strategic solutions and innovative approaches for successfully adapting to new dynamics in the regional transport and logistics business. It was noted that increasing the potential of transport and transit communications and maximizing the use of their capabilities is now becoming very important.
In general, "TITR 2023" acted as a platform for decision-making, adaptation of business strategies, and active joint participation in the development of the Trans-Caspian international transport route by industry in the context of rapid digitalization.
In addition, a ceremony was held for signing agreements with new members of the Association of Legal Entities "International Association "Trans-Caspian International Transport Route" and panel sessions on "Multimodal Transportation and Digitalization" and "Infrastructure: Railway, Road, and Sea Transport.".
During the sessions, the role of Kazakhstan Railways, which is a key element of TITR, was noted. The dynamics of cargo transportation along the TITR route from January through August 2023 showed an increase of 85.3 percent compared to the same period last year and amounted to more than 1.7 million tons.
The Middle Corridor is a transportation and trade route that connects Asia and Europe, passing through several countries in the region. It is an alternative route to the traditional Northern Corridor and Southern Corridor. The route starts in China and crosses Central Asian countries such as Kazakhstan, Uzbekistan, and Turkmenistan. It then passes through the Caspian Sea, Azerbaijan, Georgia, and Türkiye before reaching Europe. The Middle Corridor offers a land route that connects the eastern parts of Asia, including China, with Europe, bypassing the longer maritime routes.