President Kassym-Jomart Tokayev of Kazakhstan met with Frank Bruno, CEO of U.S. investment firm Cerberus Capital Management, Zakon.kz reports, citing the Presidential Press Service.
The President praised Cerberus’ global expertise in capital management and welcomed the firm’s interest in financing infrastructure projects along the Trans-Caspian International Transport Route (TITR) — a core segment of the Middle Corridor.
Tokayev emphasized that Cerberus’ strategy aligns fully with Kazakhstan’s economic diversification priorities. The country is actively expanding the corridor’s capacity by attracting private investment into logistics, railways, seaports, and related infrastructure.
He highlighted the recent Azerbaijan-Armenia agreement signed in Washington as a pivotal development, strengthening regional stability and boosting the Middle Corridor’s appeal as an alternative to traditional trade routes. Over the past five years, cargo volumes along the TITR have surged sixfold.
Additionally, Tokayev invited Cerberus to participate in Kazakhstan’s digital initiatives, citing the firm’s proven track record in scaling tech platforms. This opens doors for collaboration in telecommunications, logistics IT systems, and satellite connectivity — a topic gaining urgency amid reports that Amazon plans to establish a regional satellite hub in Kazakhstan.
In response, Frank Bruno thanked the President for his trust and commended the professionalism of Kazakhstan’s team:
“We share your optimism about the Middle Corridor’s potential. Your economic growth strategy is inspiring. We see significant partnership opportunities in logistics and digital technologies.”
The meeting marks a new phase in attracting global investors to Kazakhstan’s strategic projects — from transit corridors to the digital transformation of the economy.
September 22, 2025
CentralasianLIGHT.org