TransLogistica Kazakhstan

New train freight line connects the Netherlands, China via Kazakhstan

A new railway service connecting Amsterdam and China’s Yiwu was launched March 7 within the Belt and Road initiative. The 11,000-kilometre route passes through Germany, Poland, Belarus, Russia and Kazakhstan before it reaches China. “Today, the first freight train...

Created on 14 March 2018.

Kazakh domestic carmakers increase sales 43.2 percent

Kazautoprom Union of Auto Companies published January’s results of new motor car and light commercial vehicle sales. Kazakh customers purchased 3,122 cars spending $73.9 million, a 43.2-percent increase compared to last year. Industry activity is tied to the growth of oil...

Created on 02 March 2018.

EBRD announces forecast for Kazakhstan's economic development in 2018

Hans Holzhacker, Associate Director, Regional Lead Economist of the European Bank for Reconstruction and Development announced the forecast for Kazakhstan's economic growth in 2018, presenting the EBRD Transition Report 2018-19 in Astana on February, 27. During the presentation...

Created on 28 February 2018.

Kazakhstan sees great potential as a global transit centre

Kazakhstan has the opportunity to become a global transit centre, experts here have highlighted. For this purpose, the country has all the necessary components, specifically, geography, infrastructure and the communication development strategy, the experts said. The catalyst...

Created on 26 February 2018.

Kazakhstan expects bonus from transit traffic

By 2020, revenues fr om transit traffic should bring up to 5 billion tenge to the treasury of Kazakhstan. This task was set by the Head of State in his recent address to the nation. The transport sector of the country is already becoming a stable source of income for the national...

Created on 21 February 2018.

Kazakhstan Aviation Industry, Honeywell sign cooperation memorandum

Kazakhstan Aviation Industry LLP and Honeywell International have signed a memorandum of mutual understanding and cooperation today at the Ministry of Defense and Aerospace Industry Kazakhstan. "According to the document, the parties plan cooperation in the sphere of security,...

Created on 21 February 2018.

Volume of cargo transportation up in Kazakhstan in 2017

The Transport Committee of the Kazakh Ministry of Investments and Development summarized the results of its activities for 2017 on February 15, the press service of the ministry reported. Thus, the volume of cargo transportation by road, rail and water transport increased by 129...

Created on 19 February 2018.

Nursultan Nazarbayev calls Silk Road Economic Belt initiative ‘great’

President of Kazakhstan Nursultan Nazarbayev stated that the idea to create the Silk Road Economic Belt, which was announced by his Chinese counterpart Xi Jinping, was great. In an interview aired by China's CCTV-13 channel, the Head of State highlighted the particular importance...

Created on 19 February 2018.

Turkish, Korean firms to build Almaty ring road

Turkish and South Korean companies on February, 15 signed a concession agreement to build the Big Almaty Ring Road (BAKAD) project in Kazakhstan. The Turkish firms, Makyol Construction and Alsim Alarko, and South Korean companies -- Korean SK and Korea Expressway Corporation --...

Created on 16 February 2018.

Kazakhstan to allocate KZT150bn for road repairs

Kazakhstan plans to allocate up to 150 billion tenge annually for road repairs. This was announced by the Minister for Investment and Development of the Republic of Kazakhstan Zhenis Kasymbek at a meeting of RK Government. According to the minister, within the framework of the...

Created on 14 February 2018.

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