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Kazakhstan works out plan to make country's north into trade and logistics hub - Minister

Business Materials 30 March 2021 11:33 (UTC +04:00)
Kazakhstan works out plan to make country's north into trade and logistics hub - Minister

BAKU, Azerbaijan, Mar. 30

By Nargiz Sadikhova - Trend:

Kazakhstan’s Ministry of Trade and Integration has worked out the issue of creating trade and logistics hub in North Kazakhstan region in cooperation with the regional akimat (administrative center), Minister Bakhyt Sultanov said, Trend reports citing the press office of the government.

Sultanov made the statement during a government meeting held on Mar. 30, 2021.

He noted that Clause 53 of the Comprehensive Plan for the Development of the North Kazakhstan region provides for the creation of a trade and logistics hub.

The minister explained that the project for the hub creation will be implemented in two stages. The first one provides for the construction of the wholesale distribution center as part of the creation of the National Commodity Distribution System. Within the framework of the second stage of the project the constructed wholesale distribution center will be its re-equipment into trade and logistics hub.

“Currently the first stage of the project is nearing completion of the economic examination of the Ministry of National Economy. The start of construction is scheduled for April this year,” Sultanov said.

He said that the second stage of the project involves the creation of 7 wholesale distribution centers, including one in Petropavlovsk city.

“Taking into account the experience gained at the first stage, the start of construction work is expected to begin in September this year,” Sultanov added.

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