Minister of Transport of the Republic of Kazakhstan Marat Karabayev reported at a Government meeting on the ongoing work on the development of transport transit corridors in Kazakhstan.

He noted that work is currently actively underway to increase the capacity of the TMTM and North-South transit corridors.

"Due to the change in the world of traditional logistics routes, the importance of the North-South corridor is growing every day. The capacity of the corridor is 10 million tons per year. The volume of cargo actually transported this year amounted to 1.8 million tons. Given the potential of the corridor, it is planned to increase its capacity to 20 million tons," Marat Karabayev said.

For this purpose, as the Minister noted, a Roadmap for the synchronous development of the corridor with Iran, Turkmenistan and Russia was signed in July this year. In order to attract cargo traffic along this corridor, Kazakhstan has provided special tariff discounts of 50% for transit transportation. In addition, work is underway to create a Single Logistics Operator on the eastern North-South route, similar to the United Transport and Logistics Company (UTLC). Currently, the Kazakh and Russian sides have already completed preparatory procedures for the creation of a joint venture. The position of the Turkmen side on participation in this project is expected.

It was noted that in the 10 months of this year, the volume of traffic along the TMTM corridor increased by 68% and amounted to 3.8 million tons.
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Source : https://www.gov.kz/memleket/entities/transport/press/news/details/890468