HONG KONG, Jun 25 (GCTL) - Kazakhstan Railways 100% owned subsidiary KTZ Express has opened its new office in Hong Kong to build import and export trade between Central Asia, China, Asia and Europe in move to revive the famous silk road.
Kanat Alpysbayev, vice-president logistics, said the new KTZ Express office in Hong Kong, which will be headed by logistics veteran Henrik Christensen, who is also the head of the China Logistics Club, will be responsible for building a platform to develop multimodal freight transportation through Kazakhstan initially targeting Europe and China.
On the ground US$3 bn. will be invested in rail infrastructure in Kazakhstan this year providing a state-of-the-art national freight network, improving connectivity with country's regional centers and neighbouring countries.