Chinese Shenzhen Neptune Logistics Co. Ltd. plans to invest about $10-$15m to build a transport and logistics center in Uzbekistan.
The company held talks with JSC Uztemiryulcontainer, which is the operator of the container park of state railway company JSC Uzbekistan Temir Yollari. During the meeting the parties discussed cooperation on joint use of existing logistics centers, the creation of new ones, establishment of distribution services, and joint use of railcars and containers. Shenzhen Neptune Logistics offered to create modern warehouses of the “A+” category in Uzbekistan. The parties also discussed cooperation on transportation from the Xi’an, Chengdu, and Shenzhen provinces along the China-Kyrgyzstan-Uzbekistan multimodal route, and along existing transport corridors, to Turkey and Europe.
Shenzhen Neptune Logistics was founded in 2002 and has its own logistics centers in more than 10 provinces in China, plus Europe, Central Asia, and Singapore. In 2023 the company launched about 100 container trains from China to Europe and on China-Central Asia routes from Xi’an, Chengdu, Shenzhen provinces. The company specializes in multimodal transportation and owns 25,000 of its own containers.
By modernizing and expanding logistics infrastructure, Uzbekistan and China are laying the foundation for a reliable logistics network that will link Central Asia and European markets.
Earlier, Chinese logistics company Zhengzhou Hongyi Transportation launched road-freight transportation from Shenzhen to Tashkent. The 6,500-kilometer route reduced the previous travel time of 20 days down to seven. As experts note, new projects focusing on development of rail and road lines will compensate for the deficit of legacy trunkline infrastructure in Central Asia — which will favorably affect both the economy of the country itself and its partners.
According to the Statistics Agency of Uzbekistan, the volume of cargo that transited Uzbekistan in 2023 amounted to 11.3 million tons — 22.8% more than in 2022.
