The project is part of Uzbekistan’s efforts to expand access to international sea routes and diversify transport corridors for its exports.
In August, Azerbaijani President Ilham Aliyev said an international consortium could be established to reconstruct the Nakhchivan railway. He said the consortium could include countries and companies interested in investing in the project, earning returns and securing guaranteed cargo volumes along the route.
Uzbekistan is also planning to participate in the development of logistics infrastructure at the Caspian Sea ports of Aktau, Turkmenbashi and Baku, as well as at the Black Sea ports of Poti and Anaklia.
An agreement has already been signed to establish a logistics center at the port of Poti, according to the presidential press service. A feasibility study for the project is now being prepared.
Uzbekistan is also assessing opportunities to participate in the development of the deep-water port of Anaklia.
The new routes are expected to expand export opportunities for Uzbek textile, chemical, agricultural and mining and metallurgical products.
