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Kazakhstan to implement trade infrastructure projects on its borders

Kazakhstan Materials 9 February 2023 13:01 (UTC +04:00)
Kazakhstan to implement trade infrastructure projects on its borders
Emin Sevdimaliyev
Emin Sevdimaliyev
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BAKU, Azerbaijan, February 9. Kazakhstan will establish five border trade and logistics hubs by 2026, Trend reports, citing Kazakh media.

The hubs will be aimed at ensuring industrial cooperation in the field of warehousing, storage, processing, production of new goods, and their further sale with integration into international commodity distribution systems.

Consequently, the hubs will boost the export potential of Kazakhstan, providing services for short-term storage, logistics, lease of trading places, pre-sale preparation, loading and unloading, and development of transcontinental cargo transportation.

The hubs will be opened on Kazakhstan's borders with Uzbekistan, Kyrgyzstan, China, and Russia.

Kazakhstan continues improving trade infrastructure, which is a part of the strategy that aims to turn the Central Asian country into a centerpiece of regional trade and logistics.

Several long-term projects are being implemented in various parts of the country. Previously, Kazakhstan and Abu Dhabi Ports Group agreed to develop maritime infrastructure and boost transport capabilities in the direction of Azerbaijan.

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