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Transport & logistics sector investment market in Uzbekistan
Tenet overview
07 may 2024
At the heart of The Silk Road Initiative, Uzbekistan encompasses the shortest transport corridors between the west and east and north and south, connecting Europe to Asia. These are the Transport Corridor Europe Caucasus Asia (TRACECA) corridor and three of the six Central Asia Regional Economic Cooperation (CAREC) corridors. Uzbekistan is becoming a key traffic connector between China and Europe, with a constantly increasing transit cargo trade volume (by road and rail; 11.2 million tons in 2023) and freight volumes, with a compound annual growth rate of 4%.
Read our overview of transport and logistics sector in Uzbekistan to find out about its strengths, weaknesses, opportunities, and threats.
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