BAKU, Azerbaijan, September 11. Some 402
transport infrastructure development projects are currently under
implementation or planning across the Eurasian region, Alexander
Zaboev, Head of the Eurasian Development Bank’s (EDB) Center for
Integration Studies, said, Trend's correspondent reports.
He made the remarks during an online presentation of the
analytical report “Transport Corridor Infrastructure in Eurasia:
Development Results and Key Investment Trends,”
“Here we see a fairly large number of projects - more than 400
projects through 2035 are either being implemented or planned.
Around 300 projects are currently in the active phase.
This means they are either under construction or at the stage of
preparing project documentation. Another roughly 100 projects are
at the planning stage, meaning they are under consideration by
governments. These projects have already been announced, and
investors are being sought to move them into the active phase, that
is, to begin preparing them and start construction. The total
investment in the development of the Eurasian transport framework
amounts to $345 billion,” he said.
Of the total $345 billion, $72 billion is earmarked for
transport corridor infrastructure projects in Central Asia. He
added that a large share of the remaining investment is being
directed to projects in Russia.
“Here, of course, it is worth noting that a significant portion
of these funds covers projects being implemented in Russia. These
are large-scale and costly projects, including the Eastern Railway
Polygon, railway approaches to Russian seaports, and the
development of infrastructure for the Trans-Arctic Transport
Corridor, now referred to as the Northern Sea Route. Significant
funding is also allocated to the development of these ports. Taken
together, these projects account for this substantial amount,” he
said.
