Analysts of the EDB explained why China is interested in investing in transport projects in Central Asia and the Eurasian region
EDB experts identified the following key areas for Chinese investments:
manufacturing industry,
energy (including renewable energy sources),
transport and logistics,
agro-industrial complex.
The transport sector and logistics are particularly important due to the need to improve transport connectivity between China and its neighbors, as well as with Europe and the Middle East, which implies the use of multimodal and land routes.
“For China, this is a strategically important area within the framework of the Belt and Road Initiative, as well as the diversification of international logistics routes. For the countries of the Eurasian region, improving transport connectivity with China means favorable conditions for business and trade,” the report states.
According to EDB forecasts, only the Central Asian countries plan to invest more than $50 billion in the development of the Eurasian transport framework by 2035.
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