Turkic investment fund can contribute to development of Trans-Caspian route

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The creation of a Turkic investment fund will provide the basic conditions for the coordinated work of the ports of the Trans-Caspian route, thereby facilitating cargo transportation. This opinion was expressed by the Deputy Chairman of the Board of the Kazakh company Kazakh Invest Zhandos Temirgali, Trend reports.

“This year, members of the Organization [of Turkic States] have been working on an agreement, and the creation of the fund is scheduled for 2023. As part of the work of the fund, we have the opportunity to finance strategically important infrastructure projects, as well as promote the development of cooperation,” said the deputy head of the Kazakh company, which acts as a single coordinating center for the special economic zones of Kazakhstan.

Thus, the Turkic region can become a major transport and logistics center that links Europe and Asia, Temirgali noted.

CentralasianLIGHT.org

November 14, 2022