DP World and the Kazakhstan government are set to build a port community system (PSC) to enable a Eurasian transcontinental trade corridor.
PSC, an electronic platform developed by DP World company Dubai Trade will allow airtime, maritime and inland organisations to exchange information. The multimodal transport corridor aims to reduce delays, queues and duplication in Kazakhstan’s ports through paperless transactions.
The first agreement in the process has been signed by both DP World and the national company: Kazakhstan Temir Zhloy (KTZ) to manage the PCS system.
The second Memorandum of Understanding (MoU) was signed between DP World, KTZ and the Committee of State Revenues of the Ministry of Finance of the Republic of Kazakhstan (Customs) to ensure the integration of customs processes into the online portal.
PCS is set to feature automated logistics processes for cargo delivery and the unification of logistics centres, sea and dry ports into a single transport and logistics network.