WB sees potential to attract $20B in private investment to TITR

The total volume of priority complementary investments required to transform the Trans-Caspian Transport Route (TITR, or Middle Corridor) from a purely transit route into a full-fledged economic corridor reaches $30.5 billion through 2040, Report informs, citing the World Bank update titled "Integration: World-Class Trade Logistics along the Trans-Caspian Transport Corridor."

Approximately 66% of this amount, equivalent to $20.03 billion, can be attracted from the private sector. The breakdown of potential private capital investments comprises toll highways making up 53% as linear infrastructure, logistics equipment and rolling stock accounting for 26%, nodal infrastructure such as terminals, logistics hubs, and multimodal centers representing 19%, and railway lines constituting 1%.

The largest demand for complementary investments through 2040 is identified in Uzbekistan at $11.5 billion, Kazakhstan at $7.53 billion, and Türkiye at $3.78 billion.