An income from transit traffic can reach US$4-5 billion
Kazakhstan is developing transport and logistics infrastructure. The country is becoming an important link in the formation of international transit corridors. The country’s geographical position creates favorable conditions for transportation of goods along the Asia-Europe route. For the past year the income from transit traffic amounted to 267 billion tenge. According to experts, by 2020 this figure can reach US$4-5 billion. The industry’s great potential is of interest to business partners. Latvia is an active player in development of Eurasian transport corridors.
ULDIS REYMANIS, DEPUTY STATE SECRETARY, MINISTRY OF TRANSPORT AND COMMUNICATIONS OF LATVIA:
- This Eurasian, China-Kazakhstan-Russia-Latvia, route is very important to us and we are going further to the European Union. Any opportunity to talk about the new cargo is a favorable thing.
The Free Port of Riga is ready to provide its large transport and logistics potential. Through the terminals of the country’s largest sea harbor, cargoes from and to Kazakhstan are already being reloaded.
ANSIS ZELTINS, MEMBER OF MANAGEMENT BOARD, FREE PORT OF RIGA:
-Kazakh cargoes through the Riga port were shipped different nomenclatures, including grain and cotton. The cargoes are shipped now, too. Of course, we are looking in the direction of containerization, towards the promising East-West routes, the so-called New Silk Road.
Via this route, the first container train of Chinese goods reached Rotterdam through Kazakhstan, Russia and Latvia in the middle of October. It is expected that in the future transportation by this route will become regular. Now Latvia and Kazakhstan are also expanding their cooperation to develop a logistics center in the Khorgos port to provide the new transit flows.
EDVINS BERZINS, PRESIDENT, LATVIAN RAILWAYS:
- Khorgos is a huge port. I would say, it is a place where containers are stored and where cargoes are shipped to different directions. One of these destinations is Latvia, Riga, and then Scandinavia. As we agreed, it is very important that these goods, which will go through Latvia, will be located already in the logistical Khorgos hub, so we can distribute them in Khorgos and know how to properly distribute the cargo to Scandinavia, Europe as well as to work with Kazakh colleagues.
Until the end of this year, Latvian technical working group will study the prospects of attracting and processing new cargo flows in Khorgos. In turn, the representatives of Kazakhstan will get acquainted with capabilities of the ports, terminals and railway infrastructure of Latvia.