Interconnection
Kazakhstan plans to build six cross-border trade centers
Seetao 2023-02-13 11:35
  • Aims to ensure storage, production of new products, etc. are further integrated into the international commodity distribution system
  • In the future, Kazakhstan will build a network of trade hubs and integrate with the wholesale distribution center systems established by various countries to become the core of trade development in Eurasia
Reading this article requires
5 Minute

Recently, the Ministry of Trade and Integration of Kazakhstan introduced the construction of cross-border trade centers in Kazakhstan. Before 2026, it is planned to build 6 cross-border trade centers.

Six Cross-border Trade Centers

According to relevant information from the Ministry of Trade and Integration of Kazakhstan, an industrial trade and logistics center will be built on the border between Zhambyl State and Kyrgyzstan, and a Central Asia International Industrial Cooperation Center will be established on the border between Turkestan State and Uzbekistan. Establish a Eurasian cross-border trade center on the border with Russia in the Sikh region. The Ministry said that the Caspian Sea Hub Container Center will be built in Mangistau State, and the Khorgos Hub Border Trade Center will be built in the border area with China.

It is reported that the trade and logistics center is designed to ensure warehousing, storage, processing, new product production and further integration into the international commodity distribution system. In addition, short-term warehousing, logistics, transaction space leasing, pre-sale preparation, bulk cargo consolidation and redistribution, loading and unloading, and development of cross-border cargo transportation will also be provided. The Cross-Border Trade Center is expected to cover the export potential of enterprises from all regions of Kazakhstan.

The Ministry of Trade and Integration of Kazakhstan pointed out that the development of infrastructure complexes in border areas will create conditions for the implementation of industrial cooperation projects, including reducing the number of participants in the supply chain, reducing product costs for final consumers, and increasing delivery speed. It is predicted that the establishment of a large-scale trade and logistics center will have a positive impact on the development of bilateral trade and economic relations, strengthen commercial links between producers and entrepreneurs in neighboring countries, and promote the growth of mutual trade volume between the two countries. Editor/He Yuting

Comment

Related articles

Interconnection

Oman collaborates with Templewater in Hong Kong to establish a fund

09-15

Interconnection

Oman Future Fund delegation visits China to deepen strategic cooperation

09-15

Interconnection

China's innovative technology becomes the focus of the Berlin Electronics Show

09-11

Interconnection

China Kazakhstan cooperation deepens cooperation in energy, logistics, and technology

09-09

Interconnection

China, Indonesia, and Malaysia collaborate on major infrastructure projects

09-08

Interconnection

Saudi Arabia's NEOM program core project 'Mirror Line' landing

09-01

Collect
Comment
Share

Retrieve password

Get verification code
Sure