ASTANA, Kazakhstan, April 5. Kazakhstan's KTZ Express (a subsidiary of Kazakhstan Railways, KTZ) will transport spare auto parts from South Korea to Central Asian countries, Trend reports.
According to KTZ, the corresponding agreement was reached during a working meeting in Seoul, organized by the largest Chinese companies, China Railway Container Transport Co., Ltd. (CRCT) and Lianyungang Port Group (LPG).
Deputy General Director for Logistics of KTZ Express, Aibek Kapar, familiarized the participants with the current possibilities for the transit of goods through the territory of Kazakhstan, paying special attention to the conditions of transportation along the Trans-Caspian International Transport Route (TITR, or Middle Corridor).
KTZ Express, together with CRCT and the automobile concerns Hyundai and General Motors, plan to begin deliveries in the near future.
On March 20, 2024, KTZ Express and Chinese Jiangsu International Rail Freight Express signed a strategic cooperation agreement.
Under the context of the signed deal, the parties agreed to jointly organize and dispatch container trains via Kazakhstan, including along the Trans-Caspian International Transport Route.
Ktz Express Shipping is based in Kazakhstan. The corporation works in the Deep Sea, Coastal, and Great Lakes Water Transportation sectors. KTZ Express Shipping TOO was established on May 12, 2014.