According to the plans, Korean companies will ship their goods from Incheon Port and Pyeongtaek Port in Gyeonggi-do Province to Lianyungang. The cargo will then to be carried to the Eurasia Transcontinental Railroad, before they arrive in Central Asia, Russia or Europe.
The railroad transport is expected to speed up the process of customs and of transferring products to another train. It’s because the Kazakhstan government has designated Horgos, one of the stops in the route, as the “Special Economic Zone,” a zone which will serve as a logistics and industrial hub of the nation. In this sense, the Dec. 7 conference offered a good chance for the participants to talk about investment plans to be pursued by Korean firms in the Horogos economic zone.
“As Astana is one of the leading countries in the transport logistics network across Eurasia, the Korean government will work to diversify transport routes for Korean companies to take advantage of and also to improve transport efficiency. Next year, we will have more talks, not only with Kazakhstan, but also with China, to enhance bilateral industrial partnership,” said an official from the ministry.
By Sohn JiAe
Korea.net Staff Writer
Photo: Ministry of Land, Infrastructure and Transport
jiae5853@korea.kr