Industrial trade and logistics complex to be established at Kazakhstan-Kyrgyz Republic border

Industrial trade and logistics complex to be established at Kazakhstan-Kyrgyz Republic border

An industrial trade and logistics complex will be established at the border between Kazakhstan and the Kyrgyz Republic. The corresponding intergovernmental agreement has been ratified by the Mazhilis, a Lower House of the Kazakh Parliament. It is expected that the complex will be located in the area of two road checkpoints, Ak-Tilek and Karasu. A land plot of 36 hectares has been allocated for its construction. The new project is planned to be financed through extrabudgetary investment funds. Estimated to cost around 30 billion tenge, the complex will consist of production sites, warehouses for goods storage, and transport and logistics infrastructure. As part of its opening, conditions for implementing cooperative projects, including the production of dairy, meat, berry and vegetable, textile, and pharmaceutical products, will also be created. Last year, the trade turnover between Kazakhstan and the Kyrgyz Republic amounted to $1.6 billion. By 2030, it is planned to increase this figure to $3 billion. Mazhilis members note that the implementation of the bilateral project will also contribute to this goal.

“A trade and logistics complex should be established at the border between Kazakhstan and the Kyrgyz Republic to facilitate industrial cooperation in storage, warehousing, and the manufacturing of new goods, including processing. The facility will offer services for paperwork related to export-import operations and contribute to the development of bilateral trade and economic relations, including business connections between producers and entrepreneurs,” said Mazhilis member Maksat Tolykbayev.

“The creation of an industrial trade and logistics complex in the Zhambyl region will facilitate the development of industrial cooperation, launch new production projects, reduce the number of participants in the supply chain, and increase delivery speed by eliminating traffic congestion at the border of the two states,” said Mazhilis member Mukash Iskandirov.