• KGS/USD = 0.01152 0%
  • KZT/USD = 0.00191 0%
  • TJS/USD = 0.09168 -0.11%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01152 0%
  • KZT/USD = 0.00191 0%
  • TJS/USD = 0.09168 -0.11%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01152 0%
  • KZT/USD = 0.00191 0%
  • TJS/USD = 0.09168 -0.11%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01152 0%
  • KZT/USD = 0.00191 0%
  • TJS/USD = 0.09168 -0.11%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01152 0%
  • KZT/USD = 0.00191 0%
  • TJS/USD = 0.09168 -0.11%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01152 0%
  • KZT/USD = 0.00191 0%
  • TJS/USD = 0.09168 -0.11%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01152 0%
  • KZT/USD = 0.00191 0%
  • TJS/USD = 0.09168 -0.11%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01152 0%
  • KZT/USD = 0.00191 0%
  • TJS/USD = 0.09168 -0.11%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
03 December 2024

Viewing results 1 - 6 of 11

300th Container Train Departs Along Trans-Caspian International Transport Route

Kazakhstan Temir Zholy (KTZ), the national railway company of Kazakhstan, announced on December 2 the departure of the 300th container train of the year from the Kazakh-Chinese terminal in Xi’an, China, along the Trans-Caspian International Transport Route (TITR). This milestone highlights the growing strategic importance of the TITR, also known as the Middle Corridor, as a vital transport artery for fast and efficient cargo transportation between China and Europe. Expansion of the Middle Corridor The Kazakh-Chinese terminal in Xi’an, launched on February 28, 2024, has become a key logistics hub for the region, consolidating cargo from across China and streamlining logistics operations. This development has provided a significant boost to the TITR, which saw only 11 container trains traverse the route in 2023. The 300th train, bound for Azerbaijan, was organized by KTZ in collaboration with ADY Express (Azerbaijan) and Xi’an Free Trade Port (China). This partnership underscores the cooperative efforts between countries along the route to enhance connectivity and efficiency. Strengthening Regional Cooperation On November 12, Kazakhstan, Azerbaijan, and China signed an agreement to establish an inter-modal cargo terminal in the Port of Alat in Baku, Azerbaijan. This new facility aims to further facilitate the smooth flow of goods and boost trade along the TITR. Kazakhstan’s Ministry of Transport has outlined ambitious goals for the corridor, aiming to increase cargo traffic to 600 container trains per year in both 2025 and 2026. The target rises to 1,000 trains in 2027 and 2,000 by 2029, reflecting the corridor’s growing role in global trade logistics.

Dredging Project in Kazakhstan’s Kuryk Port Completed

Kazakhstan Temir Zholy, the country’s national railway company, has announced the early completion of dredging works at the Caspian Sea port of Kuryk. The project was completed by its general contractor, Jan De Nul Kazakhstan LLP, in just four months. The dredging operation involved removing over 990,000 cubic meters of soil from the port’s seabed using the Vesalius, the most powerful dredger in the Caspian Sea. As a result, the water depth in the port’s operational area and approach channel has been increased to 7–8 meters. This enhancement allows for an increased draft of vessels entering the port, enabling them to achieve full loading capacity. The project significantly boosts the port's terminal capacity, further strengthening its role as a vital transit hub on the Trans-Caspian International Transport Route (TITR), also known as the Middle Corridor. This strategic route connects China and Europe via Central Asia and the Caucasus. The Kuryk port currently handles up to 6 million tons of cargo annually, including 4.1 million tons through its railway terminal and 1.9 million tons via its automobile terminal.

Kazakhstan, Hungary, and China Establish Cargo Terminal in Budapest

Kazakhstan Temir Zholy (KTZ, Kazakhstan’s national railway company), L.A.C. Holding (Hungary), and Xi'an Free Trade Port Construction and Operation Co., Ltd (China) have signed a memorandum to establish a joint inter-modal cargo terminal in Budapest. The document was signed on November 20 as part of the state visit of Kazakhstan's President Kassym-Jomart Tokayev to Hungary. The planned terminal will leverage the strategic location of the Hungarian capital in the heart of Europe and its developed transport network for multimodal transportation across the continent. The terminal will have a capacity of 230,000 TEU annually and will increase the number of container trains between China and Europe, including transit along the Trans-Caspian International Transport Route (TITR). The new terminal is expected to reduce delivery times and transportation costs. KTZ continues to expand its terminal network along key transport corridors to strengthen Kazakhstan's position as a key transit hub in Eurasia. On November 12, Kazakhstan, Azerbaijan, and China signed an agreement to establish an inter-modal cargo terminal in the Port of Alat in Baku, Azerbaijan. Commenting on the signed Memorandum at a press briefing in Budapest, Tokayev said this initiative will strengthen trade and transport ties between the participating countries. “New opportunities are opening up for the development of infrastructure, logistics, and international trade. Eighty-five percent of land transit shipments between Asia and Europe pass through Kazakhstan. In the near future, the volume of cargo transportation along this route will reach 10 million tons,” Tokayev said.

Kazakhstan’s Caspian Sea Ports Increase Cargo Transportation

Kazakhstan’s Ministry of Transport has announced that from January to October 2024, the country’s Caspian Sea ports transported 6.2 million tons of cargo, reflecting a 3% increase compared to the same period last year. Transit cargo shipments saw even stronger growth, rising by 18%. Truck transshipment via the Kuryk port’s ferry complex increased by 22%, while container transportation through the Aktau port surged by 84%, with approximately 27,000 containers moved along the East-West transit route. During the same period, the Sarzha terminal at Kuryk port handled 55,000 tons of cargo, including non-ferrous metals, fertilizers, and barley, destined for Turkey and Iran. In October, a new grain terminal with an annual capacity of 1 million tons was inaugurated at the Kuryk port. Efforts to enhance the port’s capacity continue. The Times of Central Asia previously reported that Kazakhstan’s Ministry of Transport has undertaken dredging operations at the Kuryk port to ensure sufficient depth for ship access, bolstering the capacity of the Trans-Caspian International Transport Route (TITR). The dredging project will support further expansion of Kuryk’s terminal capacity, currently set at 6 million tons annually—4 million tons through its railway terminal and 2 million tons via its automobile terminal.

Alstom to Supply 117 Locomotives to Kazakhstan

Kazakhstan’s national railway company, Kazakhstan Temir Zholy (KTZ), Electric Locomotive Assembly Plant, and France’s Alstom have agreed to supply 117 freight electric locomotives by 2028 and establish service centers for them. The document was signed at Paris's November 4 Kazakhstan-France Business Council meeting. These powerful electric locomotives, capable of hauling freight trains weighing up to 9,000 tons, will replace the outdated VL-80 locomotives of the 1980 model. The new locomotives' advantages include lower cost, more economical power consumption, high reliability, and lower maintenance costs. The French bank Société Générale will provide preferential financing for the purchase of the locomotives. Kazakhstan's railways play a strategic role in its economy. The country is a key transit hub for rail cargo transportation along the Trans-Caspian International Transport Route (TITR), also known as the Middle Corridor, which connects China and Europe. Today, more than 50% of freight in Kazakhstan is transported by rail. Kazakhstan Temir Zholy, the country’s national railway company, reported transporting more than 122 million tons of cargo from January to June 2024.

Kazakhstan Opens its Longest Bridge

The Kazakh government's press service has reported that on October 21, Prime Minister Olzhas Bektenov  attended the opening of Kazakhstan’s longest bridge. Spanning 1,316 meters across the Bukhtarma Reservoir, the new bridge which connects six districts of  Kazakhstan's eastern region, can accommodate up to 80,000 vehicles per day and reduce travelling time from hours to minutes. In his address at the launch, the president stressed that the bridge would allow for safe year-round traffic and accelerate the region's socio-economic development, stating: "For 50 years, residents of the region traveled [across the reservoir] either by ferry in the summer or directly on the ice in the winter and have been waiting for the bridge's construction for a long time." East Kazakhstan is a strategic region through which important transport corridors pass. The bridge across the Bukhtarma Reservoir will improve transport and logistics routes, ensure uninterrupted connections with bordering countries, and help unlock the region's tourism potential. The new bridge follows the opening of the country's longest automobile tunnel in September at the Shakpak Baba Pass in southern Turkestan.