ADB is preparing a report for future investments in the port infrastructure of the Caspian and Black Seas

The Asian Development Bank (ADB) is preparing a report designed to outline promising areas of investment in port infrastructure, reduction of the carbon footprint of maritime transport, implementation of digital technologies, and the formation of sustainable trade corridors in the Caspian and Black Sea basins.

As reported by Report, this was stated by ADB Senior Maritime Transport Specialist Adrian Sammons at the fifth "Black Sea-Caspian Logistics Forum 2026" in Baku.

A. Sammons emphasized that in Central Asia, ADB has long served as a partner in financing and providing expert support for large-scale projects in the areas of transport, energy, water supply, and trade logistics. This involves the construction of roads and railways, the creation of logistics complexes, the upgrading of border crossings, and the development of regional economic corridors within the framework of the Central Asia Regional Economic Cooperation (CAREC) program.

"Currently, ADB is expanding its scope of activities toward ports, shipping, and multimodal logistics through a new project for which the bank is providing grant financing. This initiative aims to strengthen the climate resilience of ports, the logistics sector, and shipping in the CAREC region. During the project, the baseline report issued in 2021 will be updated. The revised document will outline priority areas for future capital investments in port infrastructure, decarbonization of maritime transport, digital transformation, and the building of sustainable trade routes in the Caspian and Black Sea basins, as well as in the broader CAREC space," the senior specialist noted.