A new highway link for Turkmenistan

A new highway link is planned for Turkmenistan.
By MJ Woof December 28, 2020 Read time: 1 min
An important new road project will improve Turkmenistan’s international links – image courtesy of © Alexander Hübert, Dreamstime.com

The project to construct the new highway linking Turkmenistan with its neighbours is being prioritised by the country’s government. The new transport corridor will connect Turkmenistan with Afghanistan in one direction, and with Azerbaijan, Georgia and Turkey in the other.

The project involves the construction of both road as well as rail links. The route runs from Torgundi in Afghanistan, which lies close to the border with Turkmenistan. From the border, the route links Turkmenistan’s capital Ashgabat with the Caspian Sea port at Turkmenbashi. The sea crossing to Azerbaijan’s commercial centre and key port of Baku then will link by road to Georgia’s capital Tbilisi and finally to Turkey’s commercial centre, Istanbul. Many of the road links in Turkey forming part of the route have already been constructed.

Financing worth US$2.4 billion for the Ashgabat to Turkmenabat highway project was secured for the project previously. The 20-year loan was provided by the Central Bank of Turkmenistan.
Finance & Funding

Related Content

  • Golden opportunities in the MINT - Mexico, Indonesia, Nigeria, Turkey
    May 21, 2015
    Mexico, Indonesia, Nigeria, Turkey – Global Report offers up some food for thought about where smart money might be headed within the next several years – David Arminas writes China’s rate of growth may be slowing down, but other South East Asian companies are being quick to offer alternate investment opportunities, notably Indonesia. Nigeria, too, has had issues with security of investment. But there are signs that the government may be getting serious at last about tightening up rules and regulation
    Read More
  • G&Z pave the way as East meets West
    March 28, 2014
    The Silk Route is one of the oldest trading links between Europe and Asia and is being upgraded with some of the newest equipment. The nation of Georgia is located on what is known as the ‘crossroads’ between Western Asia and Eastern Europe. It lies to the east of the Black Sea and is on one of the shortest routes between western China and Europe. Since the Middle Ages this strategically important country has played host to one of the network of roads collectively known as the Silk Route. For much of the 20
    Read More
  • Silk Road: 'viable alternative'
    February 17, 2012
    The final results of the International Road Transport Union's (IRU) New Eurasian Land Transport Initiative (NELTI)-Phase 2 have confirmed road trade links between Europe and Asia as an economically-attractive and viable alternative to traditional, saturated maritime trading routes.
    Read More
  • Silk Road: 'viable alternative'
    April 4, 2012
    The final results of the International Road Transport Union's (IRU) New Eurasian Land Transport Initiative (NELTI)-Phase 2 have confirmed road trade links between Europe and Asia as an economically-attractive and viable alternative to traditional, saturated maritime trading routes. This was unveiled at the recent 6th IRU Euro-Asian Road Transport Conference and Ministerial Meeting held in Tbilisi, the Georgian capital, which concluded that removing the remaining procedural impediments at borders and deve
    Read More

Highlighted Content