BAKU, Azerbaijan, October 1. The next phase of
the Middle Corridor’s development should be based on the principle
of integration, the World Bank’s Regional Director for the South
Caucasus, Rolande Pryce, said during an online event organized by
the World Bank Group titled "Middle Corridor: Next Stage," Trend's correspondent
reports.
“Railways, ports, customs authorities, logistics operators, and
border services are working together toward a common goal: the
efficient, predictable, and competitive movement of goods.
Therefore, the next phase of the Middle Corridor’s development must
be based on the same principle: integration,” she said.
According to R. Pryce, making the corridor seamless will require
the integration of operational processes, documentation, customs
and border procedures, as well as digital systems. It is also
necessary to ensure coordination of government planning and
decision-making among countries.
“Close cooperation between the public and private sectors will
be a key factor,” she emphasized.
She noted that the private sector will play a central role in
transforming the corridor.
“This will be achieved through the creation and operation of
modern logistics services, investment in equipment, the expansion
of warehousing and distribution networks, and the establishment of
links between manufacturers and global markets. Ultimately, it is
the business community that will determine whether the corridor
succeeds,” she said.
