BTK railway to revive region

  21 January 2016    Read: 3237
BTK railway to revive region
The project for construction of the Baku-Tbilisi-Kars railway will help revive the economies of the countries taking part in it, Salih Dogan, research fellow at the Turkey-based Turgut Ozal University, told on Jan. 21.
The Baku-Tbilisi-Kars, shortly known as the BTK, will have a peak capacity of 17 million tons of cargo per year once it comes on stream. At an initial stage, its capacity will be one million passengers and 6.5 million tons of cargo.

Dogan also said the BTK railroad will pass along the historic route of “Great Silk Road”.

“Connection of the BTK railroad with the Marmara tunnel in Istanbul will actually link Asia to Europe,” he added.

It will also be possible to transport goods from Central Asia to Europe through the BTK, said Dogan.

“In addition, the BTK project will contribute to creation of new jobs,” he added.

Dogan also noted that investments are expected to grow and there will be a revival of the regional economy once the BTK railway comes on stream.

“Once the Baku-Tbilisi-Kars railway starts to operate, it will be possible to talk about increasing trade turnover among the three participating countries [Azerbaijan, Turkey and Georgia],” said Dogan.

“Strategic partnership among the parties will be strengthened, along with economic cooperation,” he added.

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