Improving Freight Transit and Logistics Performance of the Trans-Caucasus Transit Corridor : Strategy and Action Plan
This strategy and action plan put forward a guiding vision for the trans-Caucasus transit corridor (CTC), with a focus on the part to be played by Georgia and Azerbaijan to develop the CTC into a competitive alternative to other regional routes for...
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| Format: | Report |
| Language: | English |
| Published: |
World Bank, Washington, DC
2020
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| Online Access: | http://documents.worldbank.org/curated/en/701831585898113781/Improving-Freight-Transit-and-Logistics-Performance-of-the-Trans-Caucasus-Transit-Corridor-Strategy-and-Action-Plan http://hdl.handle.net/10986/33554 |
| Summary: | This strategy and action plan put
forward a guiding vision for the trans-Caucasus transit
corridor (CTC), with a focus on the part to be played by
Georgia and Azerbaijan to develop the CTC into a competitive
alternative to other regional routes for the transport of
goods, especially for containerized goods between China and
Europe, and to promote a solid and professional transport
system in the two countries, in association with neighboring
economies (Kazakhstan, Turkey, and others). The
implementation of this strategy and action plan will ensure
that the corridor is operated in an efficient way that
augments the economic benefits of the infrastructure works,
attracting traffic, and reducing operating costs. The
strategy outlines five strategic targets that define a path
to successfully navigate the institutional and functional
changes presented by the action plan: (i) reduce major
nonphysical barriers to the efficiency of the CTC; (ii)
remove physical barriers, by, for example, interconnecting
infrastructure more efficiently, and installing intermodal
facilities; (iii) improve institutional frameworks,
including the establishment of a coordinating body to
streamline and strengthen governance transport along the CTC
and promote and support its development; (iv) develop a
transnational regulatory framework; and (v) build capacity
in the logistics sector. |
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