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World Bank Spotlights Middle Corridor As Connectivity Model At LLDC3 In Turkmenistan
(MENAFN- Trend News Agency)
AWAZA, Turkmenistan, August 8. The Middle
Corridor was cited as evidence that integrated infrastructure can
unlock trade, attract investment, and generate employment,
Aleksandr Prodan, Senior Transport Economist at the World Bank,
said, at the closing session of the 3rd UN Conference on LLDCs,
Trend reports.
“Landlocked cannot mean disconnected,” Prodan stated, urging
coordinated regional planning, blended finance, and legally
harmonized systems to reduce trade costs and boost intercontinental
rail freight. Legal tools such as the Unified Railway Law and
digital systems like eTIR and eCMR were praised for enabling
paperless transport and trade.
Prodan stressed that while only 39 percent of LLDC populations
are currently aligned, universal connectivity is possible despite
geographical challenges.“Access must be matched with meaningful
use through community empowerment, digital public goods, and
inclusive tools such as e-commerce platforms,” Prodan said.
The role of innovative financing was also underlined, including
multi-million-euro AIIB satellite investments and support from the
EU’s Global Gateway strategy. Global partnerships like the ITU’s
Partner2Connect Digital Coalition were cited as pivotal, having
mobilized over $76 billion in pledges, with more than $30 billion
earmarked for LLDCs.
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