ASTANA, Kazakhstan, December 23. Kazakhtsan’s KTZ Express and Chinese Shandong Hi-Speed Group plan to develop international railway routes and strengthen logistics infrastructure, Trend reports.
During a business trip to China, KTZ Express CEO Daniyar Maratovich Kozhakhmetov met with the leadership of Shandong Hi-Speed Group, one of China’s largest companies specializing in the management of transport and logistics infrastructure. The discussions focused on partnership prospects and the implementation of joint projects in the field of cargo transportation.
During the meeting, representatives of the Chinese side highlighted the broad logistical opportunities of KTZ Express, which open up prospects for further cooperation and joint development of key areas.
At the end of the negotiations, the parties signed an agreement on strategic cooperation, which includes the development of international railway routes and the strengthening of logistics infrastructure.
The Shandong Provincial People's Government owns Shandong Hi-Speed Group Corporation, also known as Shandong Gaosu Group, a state-owned enterprise based in Jinan, China. The company primarily engages in the investment, construction, and operation of highways, expressways, bridges, railways, rail transit, harbors, shipping, and logistics. The company also operates in construction, building materials, information technology, finance, real estate, and other sectors related to its core business.