Bank Of Baku

Middle Corridor trade value expected to surge by 150% by 2040, says World Bank

Rolande Pryce, the World Bank Regional Director for the South Caucasus

© APA | Rolande Pryce, the World Bank Regional Director for the South Caucasus

# 22 September 2025 13:19 (UTC +04:00)

According to experts' forecasts, the trade value of the Middle Corridor countries will increase by 150% and the volume by 60% between 2023 and 2040, said Rolande Pryce, the World Bank Regional Director for the South Caucasus, at the 1st Azerbaijan International Investment Forum, APA-Economics reports.

According to her, the volume of cargo transportation could increase threefold by 2040.

"The World Bank Group actively supports the Middle Corridor projects: it is taking steps to upgrade infrastructure, implement regulatory reforms, and increase digital trade opportunities," she added.

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