At the “Connectivity Initiatives” conference organized by the House of Logistics and Mobility in Frankfurt am Main, our research associate Yuerui Tang provided exciting insights into the potential and challenges of the Trans-Caspian route – an up-and-coming alternative in the movement of goods between China and Europe with promising prospects.
The results of one of our study clearly show:
The potential:
- Interest in alternative routes is growing steadily.
- The infrastructure along the route is functional and is being continuously expanded.
- Stakeholders are working together to overcome existing bottlenecks.
The challenges:
Taking the port of Aktau as an example: currently designed for general and bulk cargo, it needs to be modernized for container handling.
Current developments:
- Kazakhstan is proactively investing in infrastructure.
- Ambitious goal: The port of Aktau is to become a container hub by 2030.
- And best of all: everyone involved is pulling together to make this vision a reality!