Georgian railway's experiences with belt and road initiative: Advantages and disadvantages

Davit Gondauri

No 2022-4, Discourses in Social Market Economy from OrdnungsPolitisches Portal (OPO)

Abstract: Georgia's railway network is a key segment of the TRACECA, the shortest route from the Caspian Sea and Central Asia to the Black Sea and the Mediterranean Basin. Georgian Railway Corridor has a number of advantages over pipeline, alternative railways and auto transport. Changing the quality of crude oil does not occur during rail transportation, no pipelines for oil products. The Russian rail routes have a competitive disadvantage compared to Georgia as Novorossiysk Port is typically frozen in winter and operations are frequently delayed. The Russian and Iranian routes are significantly longer than the Georgian route, which increases costs, risks, and transportation time. The railway route running through Iran is less attractive than the Georgian route due to the tense political relations between Iran and the West. Railway transportation is considered safer and more environmentally friendly than road transportation. Expensive bulk transportation - in cases of bulk transportation, the railway is considered cheaper than the road.

Keywords: Georgian railway; BRI; TRACECA; EVA; CAGR; GDP (search for similar items in EconPapers)
Date: 2022
New Economics Papers: this item is included in nep-cis, nep-tra, nep-tre and nep-ure
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:opodis:20224

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