Kazakhstan to Build Transport Hubs in All Directions
At a government meeting, Minister of Trade and Integration Arman Shakkaliyev spoke about constructing hubs in Kazakhstan, Orda reports.
These projects should increase the volume of non-resource exports and reduce inflation. Industrial trade and logistics complexes (ITLC) will be built near the country's borders.
The first is located at the checkpoints "Karasu" (RK) and "Aq-Tilek" (KR). It will provide services for storing, consolidating, and redistributing goods.
A bridge is planned to be constructed in 2025 and will launch in 2026.
The facilities:
— International Center for Industrial Cooperation "Central Asia" will be between Kazakhstan and Uzbekistan. It will ensure processing of products and creation of new production facilities. Trade turnover with Uzbekistan is expected to grow to 10 billion dollars in five years.
— The Eurasia Cross-Border Trade Center will be located in Uralsk and have access to Russia and Eastern Europe. The launch is planned for 2026.
— Khorgos hub will continue to be developed to increase export and transit volumes. The goal is to bolster trade and economic cooperation with China.
— Caspian hub. Its goal is to develop container infrastructure in the port of Aqtau. The project will be completed in 2025.
— A joint logistics center with Kyrgyzstan will be built near Almaty to store fruit and vegetable products. The signing of the memorandum is scheduled for the first quarter of 2025.
Effects:
- Increase in non-resource exports of Kazakhstan by 30%.
- Reduction in logistics costs and inflation.
- Increase in investment attractiveness and creation of new jobs.
- Development of multimodal logistics and export potential of the country.
Agreements have already been signed with Uzbekistan and Kyrgyzstan, and industrial zones have been set up.
Original Author: Ilya Astakhaov
Latest news
- Ecology Ministry Explains 13 Million Tenge Fine For Picking Dandelions
- Kazakhstan Refineries Increase Oil Processing Depth To 90%
- High Rates No Longer Keep Kazakh Banks’ Profits Rising, Analysts Say
- Almaty Health Officials Prepare for Possible Hantavirus Cases
- Ministry Says Saiga Deaths Remain Within Natural Limits
- Kazakhstan Faces Shortage of Doctors and IT Specialists
- Kazakhstan Petition Calls for VAT Removal on Feminine Hygiene Products
- Kazakhstan to Publish Register of Convicted Economic Crime Offenders
- Kazakhstan’s Economy Grew 3.6% in Four Months
- Shymkent Colleges Used Fictitious Students to Steal Over 1.3 Billion Tenge
- Almaty Court Extends Chechen Activist’s Extradition Arrest
- Record Rainfall Hits Almaty
- Falling Caspian Sea Level Reshapes Northern Coastline
- Kazakhstan Says It Is Ready To Help Resolve Iran’s Nuclear Issue
- Pashinyan Explains Why He Will Skip The EAEU Summit In Astana
- Kazakhstan To Gradually Cut University Programs In Oversupplied Fields
- Kazakhstan Offers Indonesia A Route To Central Asia And Europe
- Kazakhstan Tightens Rules for Master Plans and Urban Development
- Kazakhstan Approves Rules for Digital Tenge Circulation
- Military Jets to Conduct Training Flights Over Astana