Kazakhstan. A new seaport will be built in Aktau

the documents for signing the investment agreement. According to Kilybay, the project will contribute to the creation of a new international transport corridor China – Kazakhstan – Aktau – Baku – Poti – Europe, which is expected to reduce cargo delivery times by 7–15 days, cut transport costs by 18–25%, and create new jobs. Minister of Trade and Integration Arman Shakkaliev added that two projects are being implemented simultaneously within the development of the Caspian transport hub: a container hub in Aktau port and the multifunctional “Sarja” seaport terminal in Kuryk. The container hub is planned to have a throughput capacity of 240,000 TEUs, with the company “Port Lianyungang” securing investments worth 47.6 billion tenge. The first phase of the hub was launched in July, and the second phase is expected to be completed by the end of the ...