Middle Corridor Trade Route Fuels Warehousing Boom in Central Asia

Central Asia these days is frequently associated with shortages in a bad way – shortages of heat and electricity, of jobs and, perhaps most alarmingly, of water. But there is at least one deficit in Central Asia that can be seen as a favorable development – a shortage of warehouse space. The shortage of available storage space means that demand is high and trade is expanding. It also means warehousing costs in Uzbekistan and Kazakhstan are higher than in Dubai and most other seaport-based transit hubs. A report published by the Uzdaily…