Georgia must develop Middle Corridor to boost exports - study
ACT LLC has analysed the link between the development of the Middle Corridor and Georgia's export opportunities.
ACT LLC has analysed the link between the development of the Middle Corridor and Georgia's export opportunities.
The Asian Infrastructure Investment Bank (AIIB) reached a record $1.6 billion financing deal with COP31 climate conference host Türkiye to support a series of policy reforms aimed at attracting the investment it needs to hit its climate goals, the bank said.
Türkiye plans to invest approximately $300 billion in its energy transition by 2040, with electrification and energy efficiency expected to generate $240 billion in cumulative savings, Turkish Energy and Natural Resources Minister Alparslan Bayraktar said.
The airport of Kazakhstan’s largest city has completed the first phase of its expansion
Azerbaijan is the largest investor in Georgia, with investments totaling nearly $4 billion, Azerbaijani Prime Minister Ali Asadov said at the 11th meeting of the Joint Intergovernmental Commission on Economic Cooperation between Azerbaijan and Georgia.
The Green Energy Corridor project, designed to connect Azerbaijan’s renewable energy resources with European markets via Georgia and the Black Sea, requires around €22 billion in total investment, according to the project’s feasibility study.
The Turkic Investment Fund’s Board of Governors has discussed expanding the Fund’s activities and strengthening investment cooperation among member states at a meeting in Tashkent.
Investments in Azerbaijan's economy have reached $49 billion over the last six years, according to the country's Deputy Minister of Economy.
The two nations have been linked by a strategic partnership since 2023
The USA and Uzbekistan have concluded agreements on cooperation in trade, investment, and technology, with contracts amounting to $12 billion.
This year, the World Bank allocated approximately $100 million to develop Azerbaijan's economy, with its program covering support for the Middle Corridor project and digitalization efforts.
The total cost of the electrification, signaling, and telecommunications project on the Bilajari-Yalama railway section in Azerbaijan is estimated at $447.88 million. The Asian Development Bank (ADB) will provide $350 million in …
World Bank estimates indicate that in approximately 15 years, cargo delivery from Asia to Europe via the Middle Corridor will take 18-19 days.
The cost of initiatives involving Azerbaijan directly is estimated at $3.2 bln
In total, Georgia received $750 mln in foreign direct investment in the first six months of this year
Baku and Astana have discussed joint transport projects, including logistics, shipbuilding, and investment initiatives.
Ömer Bolat held talks with Syria's investment head on the potential for Turkish investment in the country.
Azerbaijani companies plan to participate in the development of gold deposits, geological exploration, silver ore processing and rare earth metals mining in Uzbekistan, according to the Uzbek Investment, Industry and Trade Ministry's press office.
The Asian Development Bank has begun preparing designs for the modernisation of Azerbaijan's Bilajari–Yalama railway, with work expected to start in February 2027.
Uzbekistan plans to attract approximately $6 billion in private investment for the development of artificial intelligence (AI) by 2030, First Deputy Minister of Digital Technologies Oleg Pekos said. "A significant …