ASTANA, Kazakhstan, January 17. Kazakhstan plans to create a regional warehouse infrastructure on its territory, said Minister of Trade and Integration of Kazakhstan Arman Shakkaliyev at a government meeting, Trend reports.
As he noted, one of the conditions for the development of e-commerce is the availability of warehouse and logistics infrastructure.
"By the end of 2024, it is planned to work together with the Chinese side on the issue of creating a regional warehouse infrastructure in Kazakhstan to stimulate cross-border e-commerce. The development of fulfillment centers and a network of bonded warehouses in the cities of Aktobe and Aktau will also continue," he said.
The minister pointed out that the opening of bonded warehouses will make it possible to place goods from large foreign marketplaces for further transit of goods from China to Europe and in the opposite direction. This will also help reduce the delivery time of foreign goods to Kazakh buyers from 60 to 7 days.
Meanwhile, the share of e-commerce in Kazakhstan reached about 2.2 trillion tenge (about $4.8 billion) or 13 percent of retail sales from January through November 2023.
In 2022, the volume of e-commerce was 12.5 percent, which is slightly more than 1.9 billion tenge (about $4.2 billion).