{"id":99039,"date":"2024-08-01T20:21:52","date_gmt":"2024-08-01T10:21:52","guid":{"rendered":"https:\/\/www.railfreight.com\/?p=55042"},"modified":"2024-08-01T20:21:52","modified_gmt":"2024-08-01T10:21:52","slug":"kazakhstan-greenlights-infrastructure-upgrades-with-middle-corridor-logistics-cluster-in-mind","status":"publish","type":"post","link":"https:\/\/www.vibewire.com.au\/?p=99039","title":{"rendered":"Kazakhstan greenlights infrastructure upgrades with Middle Corridor logistics cluster in mind"},"content":{"rendered":"

Investments under discussion for quite some time have been made official in Kazakhstan. As the Kazakh government announced, the Caspian Sea ports of Aktau and Kuryk will undergo significant upgrades. The goal is to create a regional comprehensive logistics cluster that will benefit the Middle Corridor. Most, if not all, investments will be carried out with private funds.<\/strong>
\n<\/span>The infrastructure investment project is part of Kazakhstan\u2019s broader \u2018Comprehensive plan for the development of maritime infrastructure for 2024-2028\u2019 that was officially announced a few weeks ago. As part of this plan, upgrade works will commence this year at the ports of Aktau and Kuryk.<\/p>\n

Kazakhstan ‘s plans and the bigger picture<\/h2>\n

In Aktau, the plan is to construct a container hub. Earlier this month, it was confirmed that the container hub will be built with the help of Chinese investments<\/a>, specifically with the involvement of the Chinese Lianyungang Port Group. The total investment will amount to approximately 3,7 billion US dollars. Aktau is probably considered Kazakhstan\u2019s most important Middle Corridor hub<\/a>.<\/p>\n

On the other hand, the Kuryk port is meant to undergo dredging work to begin with. Yerzhan Nauruzbayev, KTZ\u2019s business transformation director, told RailFreight.com some months ago that such work was of strategic priority to transform the Kuryk port into a logistics hub similar to Aktau\u2019s range.<\/p>\n

Kuryk is also developing a reloading terminal on its premises, which could assist in digesting three additional million tons of cargo annually. Moreover, AD Ports and Semurg Invest formed a joint venture in August last year to build a new grain terminal in the port of Kuryk to facilitate grain transportation.<\/p>\n