The container train in transit travels for the first time via Xi'an (China) - Izmit (Turkey) route through Kazakhstan on the Trans-Caspian International Transport Route (TITR), local media reported, citing Kazakhstan’s KTZ Express National Company.
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The potential for growth in trade of the Trans-Caspian route ranges from $646 billion to $922 billion by 2020, which is equivalent to 300,000 containers in cargo capacity, Deputy Chairman of the Board of Kazakhstan Railways Maksat Kabashev told Trend.
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The potential for growth in trade of the Trans-Caspian route ranges from $646 billion to $922 billion by 2020, which is equivalent to 300,000 containers in cargo capacity, Deputy Chairman of the Board of Kazakhstan Railways Maksat Kabashev told Trend.
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Polish PKP PKP Linia Hutnicza Szerokotorowa (PKP LHS) company has started testing a new route to China, which will run through the territory of Ukraine, Georgia, Azerbaijan and Kazakhstan, the Center for Transport Strategies announced.
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Azerbaijan and Kazakhstan have a great interest in the Trans-Caspian transport route, said Ablay Myrzakhmetov.
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Single tariffs for cargo transportation along the Trans-Caspian International Transport Route will be determined in the near future, Chairman of Azerbaijan Railways CJSC Javid Gurbanov told reporters in Baku on Apr. 1.
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Baku hosted a protocol-signing ceremony as part of the meeting of the Commonwealth of Legal Entities of the "Trans-Caspian transport corridor" association on April 1.
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The staff of the “Trans-Caspian International Transport Route” association will be fully formed until late 2017, Head of Kazakhstan Railways National Company Kanat Alpysbayev told reporters in Baku.
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