CHINA AND KAZAKHSTAN TO BOOST TRANSPORT LINKS WITH BOX HUB AT AKTAU
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20.10.2023
The Load Star (19 October 2023)
China’s Lianyungang Port Group and Kazakhstan Railways are to develop a container hub in Aktau port to boost freight traffic between China, Asia-Pacific and Kazakhstan.
The agreement was signed yesterday during the Belt and Road Forum for International Cooperation in Beijing, a day after Chinese president Xi Jinping visited Kazakhstan.
Mr Xi is pushing for more collaboration under the Belt and Road Initiative; in the decade since it started, the volumes of containers going through Kazakhstan on China-Europe-China routes have increased more than 100-fold, from 7,600 boxes in 2013 to 790,000 last year.
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