Kazakhstan Plans To Boost Port Capacity For Middle Corridor Dev't
Date
8/24/2024 2:15:54 AM
(MENAFN- Trend News Agency)
ASTANA, Kazakhstan, August 24. Kazakhstan plans
to increase the throughput capacity of its ports from the current
21 million tons to 30 million tons by 2030 for the Trans-Caspian
International transport Route (TITR, or Middle Corridor)
development, Trend
reports.
According to Kazakhstan's Ministry of Transport, within the
framework of the development of maritime infrastructure, work is
underway to create additional container terminal capacities,
upgrade transshipment equipment, develop logistics, simplify
customs and administrative procedures, as well as digitalize the
TITR and North-South corridors.
The expansion of the Trans-Caspian International Transport Route
necessitates these actions, which are part of a larger plan to meet
the route's increasing freight transportation demands.
Meanwhile, the volume of cargo transported by sea and coastal
routes in Kazakhstan from January through July 2024 reached 1.6
million tons, marking a 2.1-fold increase compared to the same
period in 2023. This figure represents the highest level in the
past five years.
Cargo turnover for maritime and coastal transport also grew 2.1
times, reaching 966 million ton-kilometers from January through
July 2024. This is the highest figure since 2020, both for the
January-July period and annually.
The significant increase in cargo transportation is partly due
to the Trans-Caspian International Transport Route (TITR, or Middle
Corridor), which connects China to Europe and involves both rail
and sea transport.
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