• KZT/USD = 0.00215
  • TJS/USD = 0.10810
  • UZS/USD = 0.00009
  • TMT/USD = 0.29760
  • KZT/USD = 0.00215
  • TJS/USD = 0.10810
  • UZS/USD = 0.00009
  • TMT/USD = 0.29760
  • KZT/USD = 0.00215
  • TJS/USD = 0.10810
  • UZS/USD = 0.00009
  • TMT/USD = 0.29760
  • KZT/USD = 0.00215
  • TJS/USD = 0.10810
  • UZS/USD = 0.00009
  • TMT/USD = 0.29760
  • KZT/USD = 0.00215
  • TJS/USD = 0.10810
  • UZS/USD = 0.00009
  • TMT/USD = 0.29760
  • KZT/USD = 0.00215
  • TJS/USD = 0.10810
  • UZS/USD = 0.00009
  • TMT/USD = 0.29760
  • KZT/USD = 0.00215
  • TJS/USD = 0.10810
  • UZS/USD = 0.00009
  • TMT/USD = 0.29760
  • KZT/USD = 0.00215
  • TJS/USD = 0.10810
  • UZS/USD = 0.00009
  • TMT/USD = 0.29760
30 August 2026

Viewing results 1 - 6 of 60

The Iran Conflict Is Stress-Testing Central Asia’s Southern Corridors

Kazakhstan President Kassym-Jomart Tokayev’s proposal of Turkestan city as a venue for Iran-war negotiations shows how directly the conflict had already begun to affect Central Asia itself. The region is no longer simply observing events in Iran. By the time Tokayev made the offer, Central Asian governments were already dealing with evacuations, route disruption, emergency diplomatic coordination, and growing concern over the war’s economic effects. The Iran war has thus become a real test of Central Asia’s southern diversification strategy. Governments across the region have, in recent years, sought to widen access to world markets through Iran, the South Caucasus, and, in some cases, Afghanistan and Pakistan. These channels reduce dependence on northern routes by opening access to Türkiye, Europe, Gulf markets, and the Indian Ocean. The present crisis subjects that strategy to wartime conditions. The strain of war makes it easier to distinguish durable links, conditional ones, and routes that remain more aspirational than real. The C6 and Crisis Coordination The first effects have been practical. Turkmenistan has opened four additional checkpoints along its frontier with Iran, supplementing the Serakhs crossing, while Azerbaijan’s overland route through Astara became another critical outlet, evacuating 312 people from 17 countries between February 28 and March 2. Turkmenistan, according to official reporting, transited more than 200 foreign citizens from 16 countries during the same period. Uzbekistan used the Turkmen route to repatriate its citizens, while Kazakhstan directed its nationals toward overland exits through Turkmenistan, Azerbaijan, Armenia, and Türkiye. The war is already affecting borders, consular work, and the regional diplomatic agenda. This immediate response gives sharper political meaning to the widening of the Central Asian C5 into a C6 with Azerbaijan. The March 2 call among the five Central Asian foreign ministers and Azerbaijan showed that the format was already there to be used under pressure. What had until now appeared mainly as a corridor framework shaped by summit diplomacy and expert work appeared instead as a working format for crisis coordination linking Central Asia to the South Caucasus. The C6 idea is becoming more practical and more overtly diplomatic. The Organization of Turkic States adds a second, broader layer. Its foreign ministers met in Istanbul on March 7 and issued a joint statement expressing concern over the escalation in the Middle East, condemning actions that endanger civilians, warning against further regional destabilization, and affirming that threats to the security and interests of member states concern the organization as a whole. The statement was cautious, and the OTS is not turning into a military instrument. Even so, the war is testing whether a Turkic political space extending from Turkey through the South Caucasus to Central Asia can do more than express concern as regional security deteriorates. The C6 is becoming a working format for immediate coordination, while the OTS remains the broader political frame within which that coordination takes on institutional meaning. Corridor Stress and Resilience The trans-Iran transit option offers Central Asia a continuous land arc from regional railheads and road networks...

How the Container Hub in Aktau Is Changing the Game on the Trans-Caspian Route

The Trans-Caspian International Transport Route (TITR) is experiencing rapid growth. Against the backdrop of geopolitical shifts and the restructuring of global supply chains, it is increasingly seen as a reliable alternative to traditional maritime routes. The next major step in its development will be the launch in 2026 of Kazakhstan’s first container hub in the port city of Aktau. The project is expected to accelerate cargo handling, create a full container infrastructure, and strengthen the competitiveness of the route as a whole. But will it be enough to elevate the corridor to the level of the world’s key transport routes? The Times of Central Asia sat down to discuss these important regional developments with Damir Kozhakhmetov, CEO of KTZ Express, the transportation and logistics subsidiary of Kazakhstan Railways (KTZ). TCA: The launch of the container hub at the Port of Aktau is scheduled for 2026. What stage is the project currently at? Are there already forecasts for handling volumes? DK: Construction of the container hub is proceeding according to schedule. The first phase of the project has already been completed: on December 25, 2025, the facility entered pilot industrial operation. The design capacity of the first phase is 140,000 twenty-foot equivalent units (TEUs) per year. As part of the project, a rail-track complex approximately three kilometers long has been built, a container yard covering 19,300 square meters has been created, and two modern rail-mounted gantry cranes with a lifting capacity of 41 tons each have been installed. The main loading and transport equipment has also been procured and commissioned. At the same time, supporting infrastructure has been developed, including roads, administrative and auxiliary buildings, engineering and utility networks, lighting systems, and perimeter security. Comprehensive testing of the process equipment is currently underway, and the terminal’s digital control systems are being configured. At the same time, the hub’s IT systems are being integrated with the digital infrastructure of the Port of Aktau to ensure operational transparency and reduce container processing times. Staff training and the refinement of production processes are also continuing during the trial-operation phase. Overall, the facility is steadily moving toward commercial operation, with commissioning work scheduled for completion by the end of March 2026. As for throughput, a phased ramp-up to design capacity is expected in 2026, with utilization increasing gradually. TCA: How will the launch of the container hub affect capacity utilization at Aktau itself? DK: We expect a significant synergistic effect. The project is primarily aimed at attracting additional container traffic, particularly within the TITR framework. This will allow for fuller and more efficient use of the port’s infrastructure. It is important to note that the development of port capacity is already aligned with projected cargo growth. Dredging work is underway in the port basin, while additional berths are being reconstructed and developed. Combined with the modernization of transshipment equipment, this creates the infrastructure reserve needed in advance. The container hub will operate in close cooperation with existing terminals, expanding the port’s logistics capabilities. This will...

Freight Volumes on Middle Corridor Through Kazakhstan Rise Fivefold in Seven Years

Freight volumes transported along the Trans-Caspian International Transport Route (TITR) through Kazakhstan have increased more than fivefold over the past seven years, highlighting the growing importance of the corridor as companies seek alternatives to routes passing through Russia. According to Kazakhstan’s Ministry of Transport, volumes have risen from 0.8 million tons to 4.5 million tons annually. Also known as the Middle Corridor, the TITR is a multimodal transport route linking China and Europe via Central Asia and the South Caucasus. The rapid growth of the route reflects wider shifts in Eurasian logistics since Russia’s full-scale invasion of Ukraine in 2022. With many Western companies seeking alternatives to traditional northern routes through Russia, governments and logistics operators across Central Asia and the South Caucasus have accelerated investment in the Trans-Caspian corridor, hoping to position it as a key artery linking Asian manufacturing hubs with European markets. Container transportation has been one of the fastest-growing segments of the corridor. In 2025, approximately 77,000 TEUs were transported along the TITR. Authorities aim to increase this figure to 300,000 TEUs by 2029. Despite rapid growth, the corridor still carries far less cargo than traditional northern routes through Russia, underscoring both its potential and the scale of investment still required. The expansion reflects ongoing infrastructure development and growing cooperation among participating countries and logistics operators. Key contributing factors include improved conditions for international freight transport, such as simplified customs procedures, as well as significantly shorter delivery times, reduced from roughly 28-32 days to 13-17 days. Demand has also risen for integrated “single-window” logistics services designed to enhance transparency and reliability. Kazakhstan, Azerbaijan, and Georgia continue to coordinate efforts under joint roadmaps to eliminate remaining bottlenecks along the corridor. To ensure year-round navigation and strengthen competitiveness, Kazakhstan is investing in infrastructure on the Caspian Sea coast. Dredging has already been completed at Kuryk Port, while similar work is planned at Aktau Port this year to increase depth and improve vessel access. Construction is also underway at Kuryk on the Sarzha multifunctional terminal, a project being implemented in cooperation with Abu Dhabi Ports Group from the United Arab Emirates. The terminal is expected to have an annual capacity of five million tons. Meanwhile, a container hub has been launched at Aktau Port, further enhancing maritime logistics capacity along the corridor. Kazakhstan has also expanded its transport infrastructure abroad. A Kazakh-operated terminal with a capacity of 120,000 TEUs has been launched at the Georgian port of Poti, improving cargo handling efficiency along the TITR. The European Union is also supporting the corridor’s development. A grant has been allocated for the reconstruction of Berths No. 3 and No. 12 at Aktau Port. The funding will be used to purchase wind-resistant ship-to-shore cranes to ensure stable operations during adverse weather conditions. On the railway side, Kazakhstan is upgrading more than 2,000 kilometres of rail infrastructure connected to the corridor. In 2025, construction and modernisation work were completed on 911 kilometres of railway lines. Key projects include the construction of second...

The World Bank Backs Kazakhstan’s Rail Shortcut

On February 19, 2026, the World Bank Board approved an $846 million IBRD guarantee to help the state-owned railway company Kazakhstan Temir Zholy (KTZ) mobilize $1.41 billion in long-term commercial financing. The financing is linked to a KTZ reform program under the umbrella “Transforming Rail Connectivity in Kazakhstan (Middle Corridor Development)” initiative. The purpose is to expand rail connectivity and upgrade logistics on Kazakhstan’s segment of the Trans-Caspian International Transport Route (TITR, Middle Corridor). The Asian Infrastructure Investment Bank (AIIB) will add a $564 million co-guarantee that shifts the financing away from a classic sovereign-loan model and toward private credit backed by multilateral risk coverage. The Multilateral Investment Guarantee Agency (MIGA) presents this operation as part of a wider World Bank Group approach that pairs corridor capital expenditure with steps to strengthen the operator’s financial sustainability and commercial viability. The operation is structured as a two-part package. First, it finances a new 322.3-kilometer railway on a new segment between Mointy and Kyzylzhar in central Kazakhstan. This segment is meant to remove a major network detour, shorten the TITR route within Kazakhstan by 149 kilometers, ease congestion on heavily used sections, and support double-stack container operations. The line is planned with modern signaling and telecommunications, plus design provisions for later expansion and electrification. Second, it ties the construction to a reform program at KTZ, including tariff reform, exploration of alternative financing mechanisms, stronger financial and environmental management, and preparatory work for a potential initial public offering. The World Bank is structuring delivery through a Multi-Phase Programmatic Approach with the stated aim of tripling freight volumes and halving end-to-end transit times on Kazakhstan’s Middle Corridor segment by 2030. Why This Segment Matters for the Middle Corridor Inside Kazakhstan, the Mointy–Kyzylzhar line is a central connector in the Trans-Kazakhstan east–west trunk carrying traffic from the China-facing gateways at Dostyk and Khorgos toward the Caspian outlets at Aktau and Kuryk. Mointy itself is a pivotal junction where train paths, locomotives, and crews are redistributed across multiple directions; as a result, any congestion there propagates quickly into corridor-wide delays. In early 2025, President Kassym-Jomart Tokayev directed acceleration of the Trans-Kazakhstan corridor. KTZ says the expected benefits include decreased pressure on heavily used central segments, fewer locomotive changeovers at key junction points, and, on some routings, the potential to cut more than a day from transit time between the Chinese border and Aktau. The World Bank’s 2023 Middle Corridor study stressed that the corridor’s most durable growth driver is regional trade among the core corridor economies: China–Europe movements remain important, but they compete with multiple alternatives, above all maritime shipping. An infrastructure upgrade adds economic value only if it reduces variability at the handoff points where delays accumulate, including rail-to-port interfaces, Caspian coordination, and national borders. Relieving the domestic bottleneck in Kazakhstan is economically meaningful only insofar as it stabilizes arrival times to Caspian terminals, creates more room for dispatching, and helps logistics providers offer shippers more predictable end-to-end service along the TITR. The emphasis is...

Kazakhstan to Enhance Middle Corridor Rail Connectivity with World Bank Support

The Board of Executive Directors of the World Bank has approved an $846 million guarantee from the International Bank for Reconstruction and Development (IBRD) to mobilize $1.41 billion in long-term private financing for a major railway project along Kazakhstan’s section of the Trans-Caspian International Transport Route (TITR), also known as the Middle Corridor. The project is further backed by a $564 million co-guarantee from the Asian Infrastructure Investment Bank (AIIB). The initiative is designed to improve the efficiency and resilience of Kazakhstan’s rail network while strengthening the financial sustainability and commercial viability of Kazakhstan Temir Zholy (KTZ), the national railway operator. A central component of the project is the construction of a new 322.3-kilometer greenfield railway line between Mointy and Kyzylzhar. The link is expected to eliminate a significant detour, shorten the route by 149 kilometers, reduce congestion on heavily used sections, and enable double-stack container operations. The new line will be equipped with modern signaling and telecommunications systems and designed to allow for future expansion and electrification. According to project documentation, the upgrade is expected to contribute to tripling freight volumes and halving end-to-end transit times along the Middle Corridor by 2030. By shifting cargo from road to rail, it is also projected to reduce transport-related emissions, supporting Kazakhstan’s climate commitments and broader sustainable development objectives. Official data indicate that freight volumes transported through Kazakhstan along the TITR increased by 36% in 2025. In addition to infrastructure investment, the project includes technical assistance and institutional strengthening for KTZ. This includes support for tariff reform, exploration of alternative financing mechanisms, improvements in financial and environmental management, and preparation for a potential future initial public offering (IPO). “Beyond enabling critical infrastructure investments, this project supports important reforms that will strengthen Kazakhstan Temir Zholy’s financial sustainability and long-term competitiveness,” said Andrei Mikhnev, World Bank Country Manager for Kazakhstan and Turkmenistan. By combining phased infrastructure investments, institutional reforms, and private capital mobilization, the initiative aims to develop a modern rail system capable of delivering long-term economic and environmental benefits for Kazakhstan and the wider Eurasian region.

Kazakhstan to Digitalize Seaports to Boost Trans-Caspian Transport Route

Kazakhstan is advancing the digital transformation of its maritime infrastructure as part of broader efforts to strengthen the Trans-Caspian International Transport Route (TITR), also known as the Middle Corridor. The Ministry of Transport is developing an electronic Maritime Single Window system designed to replace paper-based documentation with digital data exchange for vessel entry and exit procedures at the country’s seaports. The initiative is included in the Roadmap for the Digitalization of Kazakhstan’s Transport Industry for 2025-2027. According to the ministry, the project is being implemented with support from the German Society for International Cooperation (GIZ). An international tender has already been held to select experts responsible for preparing the system’s technical specifications. In February, working meetings were held with stakeholders in Aktau and Kuryk, Kazakhstan’s two largest ports on the Caspian Sea. Discussions focused on port digitalization, simplifying administrative procedures, and reducing vessel processing times through the introduction of the Maritime Single Window. The project is viewed as a key component in the further development of the TITR, which connects China with Europe via Central Asia and the South Caucasus. By streamlining port operations and reducing bureaucratic delays, Kazakhstan aims to enhance the route’s competitiveness and reliability. Kazakhstan’s maritime transport sector has recorded steady growth in recent years. In 2025, maritime cargo volumes reached 8 million tons, a 7% increase compared to 2024. Container traffic through Kazakh seaports rose by 29% to 90,637 TEUs, while cargo volumes transported along the TITR increased by 36%. Infrastructure development has accompanied this growth. In 2025, construction of a container hub at the port of Aktau was completed, a dry cargo vessel was launched on the Kuryk-Baku route, and two new ferries were acquired. Overall transit cargo traffic through Kazakhstan reached 36.9 million tons in 2025, up 6.6% year on year, driven by the integrated development of road, rail, air, and maritime transport. Under the country’s comprehensive maritime infrastructure development plan for 2024-2028, Kazakhstan intends to establish a major transport and logistics cluster based on the ports of Aktau and Kuryk. The plan includes the expansion of container handling capacity, development of cargo terminals and international shipping logistics, and a reduction in administrative barriers. By 2028, total cargo throughput at the ports is expected to increase by 50%, while container handling volumes are projected to triple. To ensure year-round navigation and maintain competitiveness amid changing environmental and logistical conditions in the Caspian region, Kazakhstan has also prioritized dredging works, including the deepening of the ports of Aktau and Kuryk.