Baghdad Amreyev: TIF can support soft connectivity measures over Middle Corridor

World 15:15 30.06.2025

The Turkic Investment Fund (TIF) can support soft connectivity measures over the Middle Corridor at the earlier stages and hopes to be able, in the long term, to contribute to hard infrastructure projects, Baghdad Amreyev, president of the Turkic Investment Fund (TIF), said during the Global Transport Connectivity Forum held in Istanbul on June 27-29, 2025, EDnews reports.

In his remarks, Baghdad Amreyev stated that the Middle Corridor is evolving into a central trade route, with regional governments increasing investment in transport and logistics infrastructure. He emphasized that these national efforts must be integrated into regional coordination and broader international cooperation to ensure the route becomes a more stable and competitive option for global cross-border trade.

Highlighting the strategic directions of TIF, Baghdad Amreyev noted that supporting economic integration and connectivity of Turkic states is regarded as a core objective of the Fund. He said that in the coming years, the TIF will focus on co-financing opportunities and promoting partnerships with both public and private actors to contribute to the regional connectivity efforts.

In 2024, the volume of cargo transportation along the Trans-Caspian International Transport Route (Middle Corridor, TITR) increased by 62%, reaching 4.5 million tons. In 2025, a further increase to 5.2 million tons is expected, of which 4.2 million tons will pass through the countries participating in the route. Of this volume, 2.5 million tons will be dry cargo (equivalent to 96,000 TEU), and 1.7 million tons will be oil.

The capacity of the route by 2027 may reach 10 million tons per year, which will create a sustainable basis for expanding the transit potential of Azerbaijan and attracting additional investment in infrastructure.

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