Approximately $28 billion will be needed over the next three years for the Middle Corridor to become fully operational. Therefore, infrastructure remains the number one priority, Xiaohong Yang, Director General of the Asian Infrastructure Investment Bank (AIIB), said during the session titled “Financing the Middle Corridor for Sustainable Transport and Trade,” organized within the framework of the Islamic Development Bank Annual Meetings held in Baku, the capital of Azerbaijan, APA reports.

According to her, the first priority is financing bankable projects: "The Middle Corridor needs approximately $28 billion over the next three years. Therefore, infrastructure remains the number one priority. The second priority is operational efficiency. Because in order to make the Middle Corridor attractive for investors and cargo carriers, the most important issue is for it to be reliable and predictable. While transportation used to take one month in the past, it now takes about 18 days. However, this is still high."