Construction of Lianyungang port logistics terminal begins
The construction of a logistics terminal in the north eastern China seaport of Lianyungang has gone into operation this week.
Both Kazakh President Nursultan Nazarbayev and Chinese counterpart Xi Jinping attended the official ceremony to launch the opening of the first stage of construction.
Asset Asavbayev, committee chairman of the Ministry of Transport and Communications of Kazakhstan, said: "As you may know, Lianyungang is included in one of the 25 largest ports in the world.
“The main purpose of the terminal is the possibility of handling and transhipment of Kazakhstan’s transit goods, departure from Southeast Asia and Australia with a full package of high quality services for all modes of transport carriers in export-import and transit traffic,"
According to Asavbayev, the Chinese port of Lianyungang was selected due to strategic location in terms of export and transit of goods, including in the direction of Europe.
With a total investment of $98 million by Lianyungang and the Kazakhstan national railway company, Lianyungang has a planned container yard of 220,000 square meters and 3.8 km of railways.
The terminal is seen as a platform for goods from central Asian countries to go overseas and a boost to the construction of the Silk Road Economic Belt.
It has a yearly loading capacity of 410,000 TEU’s. It mainly runs cross-boundary transhipments and warehouse businesses.
Lianyungang is dubbed as China’s ‘East-West Freight corridor’ and was one of the first fourteen Chinese cities permitted to open to international economy and foreign trade by the Chinese State Council in 1984.
For further information, please visit www.strategy2050.kz.