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Railroads play a crucial role in the Eurasian ITCs. Because of the speed and reliability of deliveries it provides, railway transportation is starting to compete with shipment by sea (advantage of speed) and air (advantage of cost). The competition with alternative routes has to be taken into account, whereas the strategy should be built around the available advantages of the existing routes and the complementary nature of others.
Central Asia, the Caucasus, Turkey, and Eastern Europe have great industrial infrastructure potential for the development of a rail Middle Corridor. But without China’s geoeconomic policy push, there is therefore still little economic rationale behind the development of corridor
