Back to Top

EDB publishes new report assessing the significant freight transport potential of the International North–South Transport Corridor

panorama.am11/30th/2021, 1:30

EDB publishes new report assessing the significant freight transport potential of the International North–South Transport Corridor

The Eurasian Development Bank (EDB) assessed the potential of the International North–South Transport Corridor (INSTC) in the context of emerging opportunities. The new report, entitled "The International North–South Transport Corridor: Promoting Eurasia’s Intra- and Transcontinental Connectivity," introduces the idea of Eurasian transport framework that would offer numerous benefits to the EAEU countries.

According to it, the International North–South Transport Corridor is the key longitudinal corridor in Eurasia. EDB analysts estimate that container traffic along the INSTC could reach from 325,000 to 662,000 TEU. Linking up the INSTC with Eurasian latitudinal corridors could ensure around 40% of container traffic. Non-containerised traffic could reach 8.7–12.8 million tonnes by 2030, mainly due to the transportation of grain crops.

According to the document, the implementation of large-scale transport infrastructure projects will not only reduce time in transit and carrier operating costs, but also indirectly promote sustainable development. Thus, in addition to ...

Read full story

Weather

Temp {{currentData.temp}}℃
Wind {{currentData.wind}}km/h
Humidity {{currentData.humidity}}
  • Yerevan
  • Abovyan
  • Tsaghkadzor
  • Sevan
  • Gyumri
  • Ejmiatsin
  • Dilijan
  • Vanadzor
  • Ashtarak
7 Day Forecast

Exchange rates

BuySell
USD390396
EUR417429
RUR4.184.38
more rates
Already available
Back to Top