JSC "NC "KTZ" increases cargo transit within the framework of the "One Belt - One Road" initiative

KTZ Announces Strategic Partnerships to Boost Transit as Part of the "One Belt, One Road" Initiative

On February 29, in the city of Chongqing, Yerlan Koishibayev, Deputy Chairman for Logistics at "NC 'KTZ' JSC", met with the heads of the port logistics zone of Chongqing Municipality and the logistics platform Yuxinou (Chongqing) Logistics Co., Ltd.

Chongqing, known as the world's most populous city with 32 million residents and a robust GDP of $440 billion in 2023, is a hub for high-tech and high-value-added goods manufacturing, also leading China's automotive exports.

Yuxinou is the logistics platform for China's largest city, Chongqing, and dispatches more than 2,500 trains annually in both western and eastern directions.

During the meeting, "KTZ Express" JSC and Yuxinou signed an agreement on the organization and dispatch of 200 container trains through Kazakhstan, including via the Trans-Caspian International Transport Route (TITR) with a cargo volume exceeding 20,000 TEU.

Since the beginning of this year, Yuxinou and KTZ have launched a joint service on the TITR from Chongqing to Poti, with average delivery times of up to 14 days.

It is worth noting that since the beginning of 2024, "NC 'KTZ' JSC" has reached agreements with logistics platforms in Xi'an, Jiangsu, Beijing, Zhengzhou, and Chongqing for the organization and dispatch of 3,500 transit container trains across Kazakhstan, amounting to approximately 350,000 TEU.