UP

Kazakhstan's transit traffic via TITR surges

Home page Economy
12 Punto 14 Punto 16 Punto 18 Punto

In January-October 2018, Kazakhstan’s container transit traffic through the Trans-Caspian International Transport Route (TITR) increased by 17.5 times to 2,800 TEU, compared to 160 TEU last year, First Vice Minister of Investment and Development of Kazakhstan Roman Sklyar said.

Axar.az reports citing Trend.

"For the 10 months, export rail transportation through TITR amounted to 537,400 tons, and import rail transportation – to 254,600 tons," he said.

Sklyar also noted that oil products, grain, metals, coal and chemicals constitute the main freight transported by Kazakhstan via TITR.

"In order to develop the transit and export potential of the country, a network of effective transit transcontinental corridors and routes through Kazakhstan, such as the Northern Trans-Asian Railway, route from China to Central Asia and Persian Gulf countries, North-South Corridor and TITR, was formed and is being implemented," the first vice minister added.

TITR is an international transport corridor connecting China with European countries. The TITR Coordination Committee includes railway, sea and port administrations, as well as logistics companies of 8 countries: Azerbaijan, Kazakhstan, China, Georgia, Turkey, Ukraine, Poland and Romania.

By 2020, it is planned to reach cargo transportation volume of 7-8 million tons through TITR.

Date
2018.12.02 / 22:31
Author
Axar.az
Comments
See also

Oil continues to rise in price

The price of oil today

Oil became cheaper

Decision on discount rate from FED

Oil became more expensive

Oil continues to rise in price

Oil started the week with this price

Oil ended the week at this price

Oil exceeded 85 dollars

Azerbaijan currency rates

Latest
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla