INSTC capacity to increase to 20 million tonnes of cargo a year

INSTC capacity to increase to 20 million tonnes of cargo a year

The throughput capacity of the International North-South Transport Corridor (INSTC) may increase more than threefold, from six to 20 million tonnes of cargo. To this end, corresponding work is being carried out in stages. The development of transborder hubs in Kazakhstan was discussed at a government meeting of the operational working group. As noted by representatives of the Kazakhstan Temir Zholy railway company, an analysis of the efficiency of cross-border checkpoints has been conducted, and measures have been developed to improve them. Also, work has commenced on the Caspian Sea to implement a project for the construction of a container hub, which is planned to be established on the Seaport Aktau special economic zone. The main project in the network of transborder hubs in Kazakhstan is the Khorgos Hub in the Zhetisu region. According to the regional governor’s office, there are currently 48 registered participants and 15 operating enterprises within the special economic zone. Six more projects are planned to be launched by the year-end. The total revenue of the Khorgos International Center for Cross-Border Cooperation amounts to 1.5 billion tenge, with 8,000 tonnes of cargo transported from April to November this year. To date, the total amount of investment has reached 141 billion tenge. Besides, efforts are underway to establish the Eurasia Cross-Border Trade Center, the Alatau Industrial Trade and Logistics Complex and the Central Asia International Center for Cross-Border Cooperation.