DP World hosts conference to facilitate trade along Kazakhstan’s ‘new silk way’
Global marine terminal operator DP World has hosted a conference in Dubai aimed at fostering partnerships to facilitate increased trade between Asia and Europe along the “New Silk Way” through Kazakhstan.
The conference, held yesterday, was supported by H.E. Askar Mamin, President of Kazakhstan Temir Zholy (KTZ), Kazakhstan’s national railway company, and attendees included KTZ Vice President Kanat Alpysbayev, senior Dubai trade officials and representatives from multinational corporations from the automotive and IT industry, with conference sessions attended by customs, logistics, trade and infrastructure experts.
The purpose of the conference was to discuss best-practice solutions for increasing trade flows along the “New Silk Way’ – the overland rail transport route that links China, Russia’s Far East and Europe via Kazakhstan.
DP World Group CEO Mohammed Sharaf welcomed attendees to the conference saying: “With the shift of manufacturing to central and western Chinese cities, far from the traditional sea ports that have taken Chinese made goods around the world, the New Silk Way across Kazakhstan has enormous potential to link China and the west mainly by land, and particularly by rail.”
In November 2013, DP World and KTZ signed an agreement that will see DP World provide management advisory services for the development of the Khorgos Special Economic Zone (SEZ) and Inland Container Depot (ICD). DP World will also provide similar services under a separate contract at the Port of Aktau, Kazakhstan’s main cargo and bulk terminal on the Caspian Sea.
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