The World Bank is set to conduct a study aimed at bolstering Kazakhstan’s position as a central logistics hub within the region. Andrey Mikhnev, the World Bank’s permanent representative in Kazakhstan and Turkmenistan, discussed the initiative in an interview with Trend. Mikhnev stated, “The World Bank recognizes Kazakhstan’s critical role as a land bridge connecting China, Europe, and the Middle East.” He emphasized that the goal is to capitalize on this strategic position and address transport connectivity issues that have historically limited the country’s development.
The World Bank is currently engaged in three major transport infrastructure projects in Kazakhstan:
- South-West road project
- East-West road project
- Technical assistance for the development of Aktau port
According to Mikhnev, “The road projects have successfully financed the construction of over 1,900 kilometres of roads, significantly improving trade routes to the Chinese border and linking economically disadvantaged regions with the country’s industrial centres.” He noted that these projects have had a “transformative impact on the lives of 5.5 mn people living along the Western Europe-Western China corridor.”
In addition to road construction, the World Bank is focused on enhancing the Caspian Sea port infrastructure, shipping, and logistics networks. Mikhnev added, “This assistance is particularly focused on mitigating climate-related risks, such as fluctuating water levels in the Caspian Sea, which are of great concern to the Government of Kazakhstan.”
The World Bank’s study is anticipated to be completed by the summer of 2025. Mikhnev believes that the results of this study will provide strategic information to strengthen Kazakhstan’s position as a key logistics hub in the region.
