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Tuesday, February 25th, 2020

GROWTH OF TRANSIT CONTAINER TRAFFIC IS EXPECTED TO BE 15 20% IN 2020 KAZAKHSTAN TEMIR ZHOLY

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by January 9, 2020 Market

A subsidiary of KTZ NC JSC KTZ Express JSC has outlined a work plan for 2020 with Chinese partners. In general, the parties forecast further positive dynamics and growth of transit container traffic by 15 20% in 2020 compared with the figures for 2019, Strategy2050.kz informs with reference to the press service of Kazakhstan Temir Zholy.

The leadership of KTZ Express JSC held a series of negotiations with the state owned logistics platforms located in Xi’an city and the management of CRIMT and CRCT subsidiaries of Chinese Railways.

During the meetings, the sides summed up the cooperation in 2019 and discussed plans for 2020 for container transportation through the trans Kazakhstan corridors in the directions China Europe China, China Central Asia China and China the Trans Caspian International Transport Route China.

In addition, they discussed the planned growth of transportation in the directions China Russia/Belarus China through the territory of Kazakhstan in the current year.

At the same time, the partners of KTZ Express JSC noted a positive dynamic in the growth of transportation through the territory of Kazakhstan in comparison with alternative destinations.

The growth in transportation along trans Kazakhstan routes is primarily due to favorable tariff conditions, as well as the high quality of service provided by KTZ NC Group of Companies, Madina Akhmetzhanova, Deputy General Director for Sales of KTZ Express JSC, noted.

It should be noted that in 2019, the railway freight turnover between China and Kazakhstan amounted to 17.6 million tons, which is 25% higher than in 2018. More than 6.8 million tons of cargo was received from China, which is 24% higher than the same indicator in 2018. 10.8 million tons were shipped from Kazakhstan to China. The growth compared to the previous year was 26%.

Source: Kazakhtan 2050

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