Kazakhstan, China launch joint projects in transportation and logistics

Kazakhstan, China launch joint projects in transportation and logistics

Kazakh President Kassym-Jomart Tokayev took part in the opening ceremony of the transportation and logistics terminal via teleconference in Chinese Xi’an. The Head of State highlighted the importance of creating the facility for bilateral relations and officially inaugurated the terminal building. The leaders of the countries earlier agreed to build a logistics center in the dry port of Xi’an, which will connect China with Kazakhstan, Central Asia and Europe. The projected capacity of Kazakhstan’s terminal in the seaport is more than 66,500 twenty-foot equivalent units per year. It will open access to new markets for domestic exporters, significantly reduce cargo delivery times and strengthen the country’s position as a reliable transit hub in Eurasia.

“This project was launched as part of the global Belt and Road Initiative announced by Chinese President Xi Jinping in Kazakhstan in 2013. The country fully supports the initiative, which enabled prompt completion of the center’s construction. All this is due to a successful partnership between the two countries. The project will give a new impetus to the development of the Trans-Caspian International Transport Route and strengthen trade and economic cooperation in Eurasia,” said the Head of the State.

In addition, President Tokayev launched a new innovation center established by the national railway and Chinese companies. It is aimed at implementing the Smart Railway project.

“The domestic railway industry must swiftly join the digital race based on the groundwork observed today. We will have to significantly enhance transportation efficiency and streamline costs in the near future through accelerated digitization. This will give a powerful boost to the advancement of both the transportation and logistics industry and the overall economy,” added President Tokayev.

After reviewing innovative projects, Kazakh President met with the veterans of the railway industry to discuss the prospects for railway development with experienced specialists. The Head of State noted that all countries are currently vying for access to transportation and logistics capabilities. Therefore, he urged the attendees to work jointly and provide recommendations and valuable advice to the leaders of the railway industry and relevant ministries.