Kazakhstan’s transport and logistics opportunities presented in Singapore

ASTANA (TCA) — A delegation of JSC KTZ Express, a subsidiary of Kazakhstan’s national railways company Kazakhstan Temir Zholy (KTZ), took part in the second Global Forum “Future China Global Forum 2017” in Singapore.

The Forum, designed to become a platform for discussing global trends in the market of the countries of the Asia-Pacific region and new logistics initiatives, gathered more than 400 heads of state and private structures, traders and representatives of the regional logistics business, banking and financial sector, and IT business, the press office of KTZ Express reported on July 19.

The forum also discussed regional cooperation within the framework of China’s One Belt, One Road initiative.

At the session with the participation of industrial groups of Indonesia and Singapore, the Executive Director of KTZ Express S. Anashkin noted the growing demand for new logistics solutions for the Eurasia land route with the participation of Kazakhstan, which plays a key role in the formation of a logistics hub between the trade poles of Asia, Europe and the Middle East.

“Today, a new architecture of transit traffic of the Eurasian transit bridge is being formed. For nine years, the volume of Kazakhstan’s investments in transport and logistics infrastructure amounted to more than 26 billion US dollars, which stimulates cargo flows, development of trade-industrial and logistics clusters involving private investors and transnational companies,” Anashkin said.

The participants of the session noted that the current regional forms of cooperation between the countries contribute to the advancement of international business, the opening of new industries in the countries of the Silk Road.

Sergey Kwan


Sergey Kwan has worked for The Times of Central Asia as a journalist, translator and editor since its foundation in March 1999. Prior to this, from 1996-1997, he worked as a translator at The Kyrgyzstan Chronicle, and from 1997-1999, as a translator at The Central Asian Post.
Kwan studied at the Bishkek Polytechnic Institute from 1990-1994, before completing his training in print journalism in Denmark.

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