An efficient Transportation system is crucial for a country to progress in terms of Socio-Economic-Environmental development.
A Transport Corridor is a network of routes interlinking roads , rails , bridges and inland terminals. The main objective lies in enhancing trade by opening up in-transit passages free from multiple cross border check posts for smooth and efficient customs procedures. Transport Corridors also give way to increase in economic activities and as such helps industries along its routes to thrive. Accordingly a simple transit corridor can evolve to a more progressive Economic Corridor over a period.
We could classify a Four-Stage Transport Corridor system based on Infrastructure , Investments and Country-wise agreements on policies and regulations.
STAGE A – TRANSPORT CORRIDOR
STAGE B – INTEGRATED MULTI-MODAL CORRIDOR
STAGE C- LOGISTICS CORRIDOR
STAGE D- ECONOMIC CORRIDOR
We have come a long way from the traditional land based corridor and we now live in the age of Smart Corridors where logistics operations can be tracked and monitored with real time visibility.
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