KAZAKHSTAN BUILDS TRANSIT CAPACITY
The newly constructed railroads made cargo transportation through Kazakhstan three times faster. At a meeting in Beijing, dedicated to Kazakhstan's transit potential, diplomats and businessmen noted that overland cargo transportation is more profitable. The cargo mainly travels to Europe, Central Asia and the Persian Gulf states through Kazakhstan’s southern and northern parts. Therefore, Kazakhstan is focused on tariff policy and infrastructure development.
DMITRYI POTLOV, DEPUTY HEAD OF KAZAKH TRANSPORT COMMITTEE:
- We are developing the infrastructure. More than 1,700 km of railways have been built in recent years, which have significantly reduced the cargo transportation time across Kazakhstan from the eastern borders to the western regions. Accordingly, it reduced, and optimized transport costs by 20-25%. Railway transportation through Kazakhstan is almost 2.5-3 times faster and more efficient than by sea.
The first shipment of Kazakhstan’s wheat from the Lianyungang port to the Vietnamese port of Ho Chi Minh City was to test the logistics route to the Southeast Asia through China. Kazakh President set the priority tasks in his address: to increase the annual volume of transit traffic by 7 times up to 2 million containers.
LYU BIN, HEAD OF KAZAKH-CHINESE LOGISTICS COMPANY:
- Kazakhstan's transit potential is growing every year. The speed of trains has also increased. Korgas logistic center has launched registration services in both directions. It is important to note that the number of containers transported to the western countries has increased as well.
The meeting participants focused on tariffs, import, and export and transit transportation. Joint projects in these areas are planned to be implemented before 2020.