Kazakhstan will build a transport and logistics terminal
at Shahid Rajaee Port in Bandar Abbas. Construction is set to begin this autumn
on a 15-hectare site allocated by Iran for a period of 27 years. Under the
Build-Operate-Transfer (BOT) agreement, two years will be allocated for the
construction of the terminal and 25 years for its subsequent operation.
Kazakhstan is the first and so far the only Central Asian country to have been
granted the opportunity to build such a facility on the northern shore of the
Strait of Hormuz. The project will open up additional export opportunities for
Kazakhstan to the Persian Gulf,
South and Southeast Asia, and East Africa. According to the relevant ministry,
the project will also mark an important step in developing transport and
logistics cooperation between the two countries and enhance the transit
potential of the International North-South Transport Corridor.
«We currently have
many orders from Kenya, as well as
numerous orders from Southern Africa in
general. Of course, the priority will be given to exporting products that
already have strong export potential. These include wheat and other traditional grain products, goods from the chemical industry, metal
structures, and construction materials. In addition, we have significant
potential, for example, in the Middle East, for processed industrial products, including food
products and chemical goods such as powders and other items. There are also
opportunities to supply chilled meat,» noted Aman Malgazhdarov, Executive Director of the Trade Policy
Development Center «QazTrade» under the Ministry of Trade and Integration of
the Republic of Kazakhstan.
The terminal will operate through a unified digital system that will integrate customs authorities, port services, terminal infrastructure, and all participants in the logistics chain. The project also includes the introduction of AI technologies and advanced solutions successfully used in global markets.
«I believe the project will have a significant impact. According to official estimates, our current trade turnover stands at $400 million, and we have, of course, undertaken to increase this trade flow. Therefore, we believe that within seven to eight years,
once our terminal is fully operational, cash flow and trade and economic
relations will increase severalfold,» Aman Malgazhdarov added.
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