The Kazakh logistics terminal at the Xi'an International Trade & Logistics Park, boasting an annual capacity of 66.5 thousand TEU (Twenty-foot Equivalent Unit), has commenced operations, QazMonitor reports citing the Ministry of Transport.
What happened: During the working visit of the Minister of Transport Marat Karabayev to China, the Kazakh delegation participated in the departure ceremony of the inaugural freight train from the Kazakh terminal along the Trans-Caspian International Trade Route (TITR).
Additionally, the Transport Minister held several meetings with representatives of Kazakh and Chinese businesses.
About the terminal: The facility was constructed over the past year to connect the Shaanxi province to both Central Asia and Europe. This terminal is expected to provide Kazakh exporters with access to new markets, while also drastically cutting down cargo delivery times. Additionally, it will enable exporters to offer last-mile delivery services.
About Xi'an: The city’s International Trade & Logistics Park (西安国际港务区) stands as the largest dry port for transshipping sea cargo to inland destinations within China. Up to 40% of the total freight transportation volume between China and Europe operates from its facilities.
About TITR: The route commenced operations in 2017. It starts in China, traverses through Kazakhstan, the Caspian Sea, Azerbaijan, Georgia, Turkiye, and further extends to Europe via the Black Sea. Spanning a length of 11,000 km, TITR currently accommodates a throughput of 6 million tons annually with plans to increase this volume to 10 million tons per year by 2025.