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Kazakh President Points To Importance Of Eurasia Railway Construction

Kazakh President points to importance of Eurasia railway construction

Kazakh President Points To Importance Of Eurasia Railway ConstructionSource: Port Aktau

Aktau, Kazakhstan (PortSEurope) May 30, 2019 – Speaking at a meeting of the Supreme Eurasian Economic Council in Sochi, Russia, the President of Kazakhstan, Kassym-Jomart Tokayev, has supported the construction of the Eurasia High-Speed Railway and the Eurasia Canal.

“Collaborative effort will allow building a big and economically strong Eurasia in the foreseeable future. To that end, we need to specify and name the most crucial vectors of the integration association for the coming period,” Kassym-Jomart Tokayev said.

“During the meeting of the Supreme Eurasian Economic Council in Sochi in May last year, the First President of Kazakhstan, Nursultan Nazarbayev, proposed to implement infrastructure megaprojects: the construction of the Eurasia High-Speed Railway and the Eurasia Canal. These projects could become a symbol of Eurasian integration, give added momentum to the economies of our countries and firmly consolidate Greater Eurasia,” added the president.

Kazakhstan is keen to develop its logistics sea and land capacity and become part of China’s new silk Road.

This includes developing ports such as Aktau on the Caspian Sea. Aktau Sea Trade Port is Kazakhstan’s main cargo and bulk terminal on the Caspian Sea. It is a key element of a number of international transport corridors, and has a role in China’s New Silk Road. This new development is another step by Aktau port to deliver services needed by businesses using the new Silk Road transit routes.

Aktau port aims to ensure the efficiency of transit traffic through the territory of Kazakhstan through the logistics infrastructure of the Altynkol border station and Khorgos Special Economic Zone (SEZ) and Inland Container Terminal (ICD), which is strategically situated on the China-Kazakhstan border and has been acting as a primary transit point for trans-Eurasian cargo trains

Aktau and Khorgos are part of TITR (also known as the Middle Corridor), which combines the countries participating in the Silk Road project and important players of the region. Its members are maritime and transport companies from Kazakhstan, Azerbaijan, Georgia, Ukraine, China and Turkey.

Regarding rail network development, earlier this month, a cargo train belonging to  the Uzbekistan Railways (Uzbekiston Temir Yollari), carrying 20-foot TEU containers, made the transit journey from the port of Aktau, the port on the eastern side of the Caspian Sea, the first transit cargo travelling from Aktau port to Uzbekistan’s capital Tashkent.

According to the company, the transit is a result of successful cooperation of the railway administrations of Uzbekistan, Kazakhstan, China, Iran and Turkmenistan, on freight transportation along the Trans-Caspian International Transport Route (TITR).

The new Silk Road (part of the Belt and Road initiative also known as One Belt, One Road, or OBOR) is a Chinese economic strategy to seek better access for Chinese-made products in European markets, which includes acquiring stakes in ports and other transport facilities, and cooperation agreements with countries along the Silk Road routes.

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