Director: US firms to submit their bids in tenders on Zangazur corridor

US companies will welcome the opportunity to participate in projects related to the Zangazur corridor and submit their proposals in tenders, Kenneth Angell, Managing Director of the US Development Finance Corporation (DFC), told Report.

He noted that there are several geopolitical factors related to the Zangazur corridor:

"On one side, Russia, and on the other side, Iran do not want this corridor to open. Türkiye, however, supports the opening of the corridor. Armenia would also like to see this, as they view the opportunity to collect fees for cargo passing through the route as an advantage. I believe this process will require certain security guarantees, as well as diplomacy. But this is a different issue from economic development."

Angell added that currently, the Trump route is still in its early stages: "But after the road opens and begins operation, US companies will welcome the opportunity to participate in projects and submit their proposals in tenders. Which company comes up with the best offer will become clear at that time."

Moreover, Jeff Erlich, Executive Director of the American Chamber of Commerce in Kazakhstan, emphasized on this issue that US companies are the world's leading companies: "There is a great demand for US technology, capital, skills, and products. I hope that there will be certain opportunities in this area as well."