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Sunday, September 20th, 2020

JSC “NC “KTZ” and the corporation “CRRC Corporation Limited” agreed in Beijing to promote cooperation in the field of transport engineering

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In the framework of the working visit of First Deputy Prime Minister of Kazakhstan Askar Mamin in China, the head of JSC NC Kazakhstan Temir Zholy Kanat Alpysbayev discussed the issues of joint implementation of projects SEZ Khorgos � Eastern gate with the leadership of the Xianyang city, and representatives of major Chinese companies.

On the SEZ territory we created all necessary conditions for investors. It’s tax incentives, the infrastructure and support services projects � said K.Alpysbayev.

An important theme of the meetings was discussing the issues of increasing the competitiveness of cargo transportation via the Lianyungang port and conducting flexible tariff policy on transit cargo transportation. This year, the joint terminal is planning to make the handling more than 200 thousand containers in TEU and by 2020 handle up about 550 thousand containers.

For the further development of the joint terminal under consideration of creating terminal facilities in the logistics area of the SCO’s port of Lianyungang. This wiil ensure the growth of cargo consolidation to 2.2 million containers per TEU by 2020.

JSC NC KTZ and the Chinese national railway Corporation CRRC Corporation Limited signed a Memorandum of understanding.

This Memorandum envisages joint corporation of the Kazakhstan group of transport engineering within the Association’s needs with the financial capacity and technological competence of Chinese investors to create steel production in Kazakhstan.

Corporation CRRC Corporation Limited (CRRC) is a world leader in the field of transport engineering, which includes 46 large plants for the locomotive production, freight and passenger cars, traction motors and transformers for locomotives and control systems in a hundred countries around the world.

Press-office of JSC NC Kazakhstan Temir Zholy

Source: Kazakhstan Temir Zholy

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