Home / APAC / Kazakhstan Railways and Lianyungang Port Company to set up a joint venture

Kazakhstan Railways and Lianyungang Port Company to set up a joint venture

Kazahstan_railwayKTZ Express JSC, a subsidiary of Kazakhstan Temir Zholy, and Lianyungang Port Company have signed a MoU for setting up a JV, in order to start build a terminal at the Lianyungang Port this spring.

By 2015, the expected increase in the export and transit of container traffic is more than 250 TEUs.

In 1995 Kazakhstan and China signed the agreement on use of the China’s port of Lianyungang for cargo traffic. China’s new leadership pays attention to the evolution of the port of Lianyungang and expansion of container traffic via the transcontinental bridge.

Lianyungang Port, located in Jiangsu Province (East China), has a favorable geographical position. It is connected via rail services with other major Chinese ports, Qingdao, Tyantszyan, Shanghai, and has the sea line with the Korean port of Busan and the Japanese port of Osaka.

Check Also

Nokia's communications network to support railway operations on Malaysia's first mass rapid transit line

Nokia’s communications network to support railway operations on Malaysia’s first mass rapid transit line

Nokia has supplied a mission-critical communications network to LG CNS – a Korea-based systems integrator …

Leave a Reply

Your email address will not be published. Required fields are marked *