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KTZ Express Opens Its International Development Office in Hong Kong

KTZ Express opens an international development office in Hong Kong to build import and export trade between Central Asia, China, Asia and Europe. The new office will develop multimodal freight transportation through Kazakhstan, initially targeting Europe and China. KTZ Express is investing $3 billion in Kazakh rail infrastructure and $100 million in an intermodal freight center in China to provide Asian shippers direct access to Central Asian markets by sea and rail.

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78 views2 pages

KTZ Express Opens Its International Development Office in Hong Kong

KTZ Express opens an international development office in Hong Kong to build import and export trade between Central Asia, China, Asia and Europe. The new office will develop multimodal freight transportation through Kazakhstan, initially targeting Europe and China. KTZ Express is investing $3 billion in Kazakh rail infrastructure and $100 million in an intermodal freight center in China to provide Asian shippers direct access to Central Asian markets by sea and rail.

Uploaded by

Yuvraj
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Client: KTZ Express HK

Date: 24 June 2014


Source: 3PL News
http://www.3plnews.com/3pl/ktz-express-opens-its-international-development-office-in-hongkong.html

KTZ Express opens its international development office in


Hong Kong
Kazakhstan Railways 100 per cent owned subsidiary KTZ Express opens its new office in Hong Kong to
build import and export trade between Central Asia, China, Asia and Europe.
Hong Kong, June 24th 2014 - The new KTZ Express office in Hong Kong will be responsible for building a
platform to develop multimodal freight transportation through Kazakhstan initially targeting Europe and
China.
On the ground US$3 bn. will be invested in rail infrastructure in Kazakhstan this year providing a state-ofthe-art national freight network, improving connectivity with countrys regional centers and neighbouring
countries.
With transit times of 15 days from China to Europe the rail service will provide time definite services direct
to industrial and commercial centers, saving more than two-thirds in time (45 days) when compared to
ocean transit times.
To further expand its reach into Asian markets KTZ Express has invested in a US$100 m intermodal
freight and logistics centre at the port of Lianyungang on Chinas eastern seaboard.
This 21 hectare facility will have capacity for 500,000 TEUs per year and provide direct access to Central
Asia for shippers from Japan, Korea and South East Asia, moving cargo by sea to Lianyungang and then
by rail to Kazakhstan. This is a very exciting development as shippers from Asia currently have to use
ocean freight to Europe and then truck or rail to Central Asia. Now they can access these markets directly
by rail from China saving time and cost, said Sanzhar Yelubayev, President of KTZ Express.
In other developments a new inland container port is under construction at Khorgos on the ChinaKazakhstan border, this is aimed to provide a regional distribution centre for the growing trade between
China and Kazakhstan. Khorgos East Gate is a Special Economic Zone with Customs Bonded area and
Visa free access.
Khorgos is a distribution hub designed for Chinese freight forwarders to access Central Asian markets by
road and rail with minimal Customs regulations and tariffs added Henrik Christensen, President of KTZ
Express Hong Kong.

About KTZ Express


KTZ Express the national multimodal transport logistics company of Kazakhstan provides a
comprehensive range of multimodal services including rail, sea, air, road transportation, port and airport
services and warehousing. The company also provides distribution and logistics services across Central
Asia.
KTZ Express manages Kazakhstans airports and the Special Economic Zone at KhorgosEast Gate on
the border with China. The company also operates shipping services on the Caspian Sea.

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