On October 29, representatives of the State Service for Maritime and River Transport of Turkmenistan discussed with the American company AECOM Technical Services the modernization of the transport and logistics infrastructure and the development of inter-regional transport corridors.
The American delegation presented the Trans-Currency Trade Plan (TCTR) for the years 2026-2028, which aims to increase the competitiveness of trans-Currency transport.
AECOM's participation in the program expands the US's ability to prepare investment projects related to the Trans-Currency International Transportation Route (TITR).
The program is implemented by AECOM with funding from the US State Department. The company's subcontractor, the consulting company Policy and Management Consulting Group (PMCG), is engaged in selecting projects and raising investments.
According to PMCG head Alexi Alexishvili, the development of transport infrastructure can also expand access to the mineral resources of Central Asia (CA).
Washington is interested in diversifying the supply of critical minerals, on which cooperation has been developing with the countries of the region in the "C5+1" format since 2024.
The development of trans-Caucasian transport depends on the capabilities of the naval fleet and the efficiency of port operations in Turkmenistan.
During the negotiations, projects of a shipbuilding and ship repair plant in the Balkans, the possibility of attracting financing from the Islamic Development Bank for the construction of new ships and the implementation of a single sea window system were considered.
It enables electronic data exchange between ships, ports and government agencies. Since January 2024, such a mechanism is mandatory according to the requirements of the International Maritime Organization *.
Participating in the port logistics discussion allows AECOM to establish direct working relationships with Turkmenistan's transport departments and gain a foothold in the maritime segment of the TMTM.