Kazakhstan Railways' Xi'an Terminal Boosts Middle Corridor By Twentyfold
Date
9/19/2024 3:10:27 PM
(MENAFN- Trend News Agency)
ASTANA, Kazakhstan, September 19. Thanks to
terminal operations of Kazakhstan Railways in Xi'an, transit along
the Trans-Caspian International transport Route increased
twentyfold year-on-year in the first eight months of 2024, Trend reports.
The leadership of JSC "NC KTZ" met with Shaanxi Province
Governor Zhao Gang in Xi'an, China, during the Trans-Caspian
International Transport Route forum.
Shaanxi, one of China's largest provinces with a population of
over 40 million and a GDP exceeding $470 billion, is home to the
Kazakhstan-China terminal, located at the dry port in Xi'an.
Currently, 30% of container trains heading to Europe via
Kazakhstan are formed at this port, and 40% of the imported goods
to the port come from Kazakhstan. Delivery times to Azerbaijan have
been cut to 11 days, and to Georgia, 14 days.
The meeting also focused on two key joint projects with the dry
port: the construction of a new logistics center in Almaty and the
CRK Terminal logistics center at Selyatino station in the Moscow
region, Russia. They also discussed the potential for developing
infrastructure projects along the TMTM route, including in
Europe.
Both sides emphasized that cooperation under China's Belt and
Road Initiative not only boosts transit transport and strengthens
economic ties but also creates significant strategic advantages for
both countries.
MENAFN19092024000187011040ID1108694020
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.