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Uzbekistan’s Uztemiryulcontainer, German Rhenus establish joint venture

Uzbekistan Materials 3 December 2024 18:14 (UTC +04:00)
Uzbekistan’s Uztemiryulcontainer, German Rhenus establish joint venture
Kamol Ismailov
Kamol Ismailov
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TASHKENT, Uzbekistan, December 3. Uztemiryulcontainer (a joint-stock company in Uzbekistan that manages the country's railway container transportation) and German Rhenus SE & Co. have established a Uzcontargo Andijon joint venture, Trend reports.

A relevant document was signed between the Chairman of the Board of Uztemiryulcontainer, Akmal Kamalov, and the authorized representative of Rhenus Group, Heinrich Kerstgens.

A cutting-edge logistics facility that satisfies international standards has been established in the Andijan region in compliance with the October 10, 2023, decision of the President of Uzbekistan.

The center is set to be engaged in the organization of container block trains, the performance of loading and unloading work with cars and containers, providing services for their storage, as well as the implementation of multimodal services from door to door.

In 2023, Uztemiryulcontainer and Rhenus signed a memorandum on the prospects of cooperation and an investment agreement worth $40 million.

The documents provide for the participation of the German company in the modernization of the infrastructure of logistics centers at Uztemiryulcontainer, the creation of new terminals in Andijan and Samarkand, as well as issues of increasing the flow of transit cargo and the development of new transport corridors.

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