Kazakhstani transport and logistics company KTZ Express, JSC Railways Logistics and OJSC Transport and logistics center of Turkmenistan signed a memorandum of the creation of a joint venture (SP) for transportation. This was announced on Friday by the press service of the National Company “Kazakhstan Temir Zhola” (“Kazakhstani railways”).
“As part of the 27th International Exhibition of Transport and Logistics Services, Transrussia 2023, a memorandum between JSC” KTZ Express “, JSC” Russian Railways Logistics “and OJSC” Transport and Logistics Center of Turkmenistan “On the creation of a joint venture for transportation. The creation of a single logistics operator on the eastern route of the North -South International Transport Corridor will become, ”the statement said.
“The parties agreed to combine their competencies for the formation of competitive tariff rates and the” seamless “transportation of goods from Kazakhstan, Russia, Turkmenistan to Iran, India, the country of the Middle East and the Asia-Pacific region with the participation of Axaray border crossings, Ozinki, Bolashak. Burun, Serys and in the opposite direction, ”the press service specified.
The company explained that the North -South corridor for Kazakhstan is one of the main growth points in the development of transport and economic ties with Iran and India. According to Kazakh consignors, the obvious advantage of this land corridor is the high speed of cargo delivery.