DP World has signed two framework agreements with the government of Kazakhstan for Special Economic Zones (SEZ) in Aktau and Khorgos as it reaffirms its commitment to help Kazakhstan’s trade and economic growth.
The UAE-based company has been providing management services to Kazakhstan’s main cargo and bulk terminal on the Caspian Sea, the Port of Aktau, and the Khorgos SEZ and Inland Container Terminal (ICD).
The Khorgos SEZ and ICD are strategically situated on the China-Kazakhstan border and acts as the primary transit point for trans-Eurasian cargo trains.
Sultan Ahmed bin Sulayem, DP World group chairman and CEO, said: “Our expertise in developing logistics and trade-enabling infrastructure will benefit tremendously from building facilities in Kazakhstan and to the needs of local business.
“We believe that the economic fundamentals of Kazakhstan are very strong, which is why we look forward to continue to invest there.”
Sulayem praised President Nursultan Nazarbayev’s vision and progressive policies that laid out the groundwork for linking the Far East to Europe as they ensured that the Khorgos ICD and SEX played a crucial part.
DP World considers both facilities also play an important role in enhancing trade connectivity along the New Silk Route and have further actively promoted business connectivity between Kazakhstan and Dubai.