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Trans-Asian Railway Network: A Get way to the East and West to Attain Sustainable Development Goals

Journal: International Journal of Arts and Social Science (Vol.3, No. 3)

Publication Date:

Authors : ;

Page : 12-141

Keywords : TAR - Trans-Asian Railway; ALTID – „Asian Land Transport Infrastructure Development‟; ESCAP – „Economic and Social Commission for Asia and the Pacific‟; BYIMT;

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: The Trans-Asian Railway is a significant regional transport cooperation initiative aimed at enhancing the operational efficiency, economic relevance and commercial utilization of Asia‟s rail transport infrastructure. This network is being developed in parallel with the Asian Highway network and related policy measures in the area of transport facilitation. TAR aims to facilitate international trade, in particular, provide access to the main international ports for the landlocked countries of the region for the establishment of efficient transshipment facilities. Its main objectives consist of providing a connection between Asia and Europe, as well as improving access to ports in the Asian countries without sea access. Globalization of industries in different countries substantially increased the volume of intra-industrial trade as well as the demand for international transportation. The fast-growing garment-industry in Bangladesh is creating increasing demand for intercountry transportation of raw materials, intermediate products and finished goods. This study aims to assist in providing a global picture of the future regional rail-network best able to serve anticipated trade patterns, while offering alternative transport options for existing flows. In addition, by utilizing the longdistance competitive advantage of rail transport, the TAR has a major role to play in bringing a more even distribution of economic opportunities and benefits

Last modified: 2023-02-03 21:20:24