Duisburg, Germany (PortSEurope) March 7, 2019 – Kazakhstan Temir Zholy (KTZ), the national railway company, has launched the first railway transit transport corridor along the Vietnam-China-Kazakhstan-Europe route. The first service comprised 1,686 TEU of goods produced by South Korean-owned LG and Samsung, which were transported by rail from Hanoi, Vietnam, via the Vietnamese border railway terminal of Dong Dang, through China and Kazakhstan to Duisburg
in Germany. The shipment took 22 days, with the target to reduce this to 19 days. The service is a result of Kazakhstan’s government policy to develop local transport facilities to enable the country to play a role in the new Silk Road, the Chinese government’s economic policy to develop transport facilities in countries between China and Europe to provide greater access for its goods in European markets. Central Asian countries such as Kazakhstan host both seaports and rail services which form part of the route between China and Europe, and this is a potentially lucrative opportunity to benefit from expanding trade between the two countries. Copyright (C) PortSEurope. All Rights Reserved. 2019.
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