ASTANA, Kazakhstan, March 28. The business community of the Chinese Hubei province is interested in organizing transportation along the Trans-Caspian International Transport Route (TITR, or Middle Corridor), Trend reports.
This was stated at a meeting of KTZ Express JSC (a subsidiary of
the national corporation Kazakhstan Railways that specializes in
container shipping) with Hubei provincial administration and
business leaders.
Subsequently, Chinese delegates showed an interest in organizing
transportation to Kazakhstan as well as transit to Central Asian
and European countries, as well as the Moscow hub and the TITR
route.
In turn, KTZ Express demonstrated the company's capabilities in the
field of transportation organization, including rail and other
modes.
Following the meeting, the parties expressed their desire to
create and strengthen collaboration.
Notably, Hubei is a major economic center in China. Many major
Chinese corporations are headquartered here, including Dongfeng
Motor Corporation and Wuhan Iron & Steel Group. The province is
also a significant manufacturing hub for electronics, food, and
textiles.
The Middle Corridor is a transportation and commerce route that
connects Asia and Europe via various nations in the region. It is
an alternate route to the traditional Northern and Southern
Corridors.
The route begins in China and passes via Central Asian countries
such as Kazakhstan, Uzbekistan, and Turkmenistan. It then travels
via the Caspian Sea, Azerbaijan, Georgia, and Turkey before
reaching Europe.
On November 7, 2013, at the II International Transport and Logistics Business Forum "New Silk Road" in Astana, the leaders of JSC "National Company" Kazakhstan Temir Zholy", CJSC" Azerbaijan Railways ", and JSC" Georgian Railway "signed an agreement to establish a Coordination Committee for the development of the Trans-Caspian International Transport Route."