Sultan Ahmed Bin Sulayem
DP World, Kazakhstan in 'New Silk Way' deal
Dubai, November 7, 2013
Global marine terminal operator DP World will provide management advisory services for the development of the Khorgos Special Economic Zone (SEZ) and Inland Container Depot (ICD) in Kazakhstan.
DP World and Kazakhstan Temir Zholy (KTZ), the country’s national railway company, today signed an agreement in this regard.
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.
The signing was held in Astana on the sidelines of the second international transport and logistics business forum “Kazakhstan - New Silk Way”, with Sultan Ahmed Bin Sulayem, chairman, DP World, and Askar Mamin, president, KTZ, officiating.
The two agreements support Kazakhstan’s plans to transform and modernise its transport and logistics infrastructure to develop its strategic position as part of a New Silk Way rail-land bridge between the manufacturing hubs of China, and consumer markets in Central Asia and Europe.
Strategically located on the border with China, the Khorgos SEZ aims to become Kazakhstan’s leading manufacturing and logistics hub, providing tangible benefits to companies operating within the zone, as well as serving east and west-bound cargo.
At the Port of Aktau, DP World will provide similar services including advice on transforming the port into the leading gateway destination for cargo on the Caspian Sea. – TradeArabia News Service