Azerbaijan's investments in the development of the Eurasian Transport Framework (ETF) have reached $3.4 billion, according to data from the Transport Projects Observatory of the Eurasian Development Bank, as reported by FinFly.News. This marks a 61.9% increase compared to the previous year, underscoring the country's growing role in regional infrastructure.
Overall, the ETF platform includes 402 projects—both ongoing and planned—with a total investment volume of $345 billion. An additional approximately $100 billion is allocated to initiatives currently in the preparation stage. In 2025 alone, facilities worth $10 billion were commissioned, and the portfolio was expanded by 70 new projects totaling $74 billion.
The Observatory covers 13 countries in the region, including Azerbaijan, Armenia, Kazakhstan, Russia, and Uzbekistan. Central Asia accounts for over 21% of all investments—$71.8 billion across 114 projects, nearly half of which are in Kazakhstan. The majority of funds are directed toward road network development (56%), while almost a third go to railway corridors.
The railway sector remains a key focus, accounting for 42.8% of all investments ($147.4 billion). Russia leads in investment volume with $225.2 billion, or 65.3% of the total portfolio. Eight of the ten largest ETF infrastructure projects are being implemented there.
The Northern Eurasian Corridor is recognized as the most capital-intensive, with its development estimated at $84.8 billion, a quarter of all costs. Among the largest initiatives are the modernization of the Eastern Polygon railway network and the development of the North–South International Transport Corridor.
Private capital participates in 123 projects, primarily in warehousing and logistics infrastructure. Another 27 initiatives are planned under public-private partnership schemes. International development banks are already involved in 48 projects, with 29 more in the preparation stage for financing.
China is also strengthening its presence, participating in over 20 projects, with funds raised from Chinese sources exceeding $7 billion.
According to the Observatory, more than 62% of ETF projects are in the implementation stage, 8.8% are in documentation preparation, and 29% are in the planning stage. In Central Asia, a significant portion of investments—$42.8 billion—is directed toward the development of the TRACECA corridor, including the Trans-Caspian route.