Chinese Firm Proposes to Fund New Port and Logistics Hub in Mangystau Region
Photo: Mangystau Region Akimat
A Chinese company has proposed building a modern seaport and logistics center in Kazakhstan’s Mangystau Region, with full project financing to come from China, Orda.kz reports, citing the regional akimat.
The initiative aims to transform the Port of Aqtau into a key transit hub for Eurasia, maximizing the region's role in the Trans-Caspian International Transport Route.
A memorandum of cooperation was signed between the Mangystau regional government and Heilongjiang-based Zhongyun International Industrial Company. Regional governor Nurdaulet Kilybay pledged full administrative support for what he called a strategically important project.
The proposal follows an April visit to the region by Yu Boyan, head of Zhongyun Guoji and Goyu Wuchang groups, who first expressed interest in developing a logistics hub in western Kazakhstan.
Original Author: Oksana Matvienko
Latest news
- Zhezkazgan Airport Resumes Operations After An-12 Emergency Landing
- Middle East Escalation Disrupts Kazakhstan–Dubai Flights
- Three Rare Neolithic Burials Discovered in Kostanay Region
- Minister Promises Better Internet Access for Rural Areas
- Will Trump Visit Kazakhstan?
- Six-Lane Road to Almaty’s Ring Road Planned, Around 200 Land Plots Bought Out
- Housing Sales in Kazakhstan Rise 28% in One Month
- East Kazakhstan Residents Question Gas Station Restrictions on Fuel Canisters
- New Committee to Oversee Crypto Market and Payment System
- MFA Confirms Death of Young Kazakhstani Woman in Antalya
- Source of Shymkent Air Pollution Complaints Still Unclear
- Why Cheap Kazakh Gasoline Is Becoming a Regional Issue
- Southern Kazakhstan Records Magnitude 4.5 Earthquake
- Almaty Residents Oppose Covering City’s Open Irrigation Canals
- Where Are Incomes Highest in Kazakhstan After Almaty?
- Landfill Fire Breaks Out in Astana
- Qatari-Kazakh Gas Pipeline Project Gets Another $500 Million
- Russian City May Name Square After Tokayev’s Father
- Kazakhstanis Will Not Face New Loan Restrictions
- Dead Seals Found Near Aktau May Have Come From Iran, Officials Say
