LX Pantos CEO Lee Yong-ho (heart left) and Kazakhstan’s Minister of Trade and Infrastructure Growth Marat Karabaev (heart proper) (LX Pantos)
Korean logistics firm LX Pantos introduced Thursday that its CEO Lee Yong-ho met with Marat Karabaev, Kazakhstan’s minister of trade and infrastructure growth, in Astana final month, to strengthen logistics networks throughout Central Asia.
In accordance with the corporate, the session centered on enhancing cooperation on cargo transport alongside the Trans-Caspian Worldwide Transport Route. The TITR hyperlinks Europe and Central Asia by way of the Caspian Sea, bypassing Russian territorial waters. Kazakhstan, Azerbaijan and Georgia have made vital investments in TITR infrastructure to construct a robust logistics hall.
LX Pantos additionally signed a memorandum of understanding with PTC Group, Kazakhstan’s main logistics firm, to discover new transport routes and logistics alternatives. PTC Group, a Kazakh built-in transport and logistics funding agency, operates the biggest fleet of rail automobiles and logistics infrastructure in Central Asia.
By way of this strategic partnership, each corporations will leverage TITR to boost freight transport between Europe and Asia, share logistics assets, and collaborate in creating Kazakhstan’s export cargo.