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DHL opens 'One Belt, One Road' rail corridor from Lianyungang to Istanbul
GERMANY's DHL Global Forwarding has announced its inaugural service on the new southern rail corridor between China and Turkey, part of China's "One Belt, One Road" initiative, estimated to generate US$2.5 trillion a year in trade within a decade.
Freight travelling via the corridor departs from Lianyungang, China and traverses three Central Asian countries - Kazakhstan, Azerbaijan and Georgia - as well two sea transit segments and is expected to take 14 days before arriving in Istanbul.
"Negotiating the complex transnational requirements that span the Silk Road Economic Belt is no easy task," said Kelvin Leung, CEO, DHL Global Forwarding Asia Pacific.
"It requires a deep understanding of the varying regulatory and infrastructural conditions in each market, robust partnerships with local-market experts and authorities, and experience in brokering cross-border connections without compromising on overall speed and efficiency," he said.
The creation of the rail corridor follows the signing of an understanding between DHL and Kazakhstan Temir Zholy Express (KTZ Express), Kazakhstan's national multimodal operator, facilitating great rail connectivity between Europe and China via Kazakhstan's commercial hubs, including the newly-created Khorgos Special Economic Zone.
DHL also worked very closely with China, Azerbaijan and Georgia Railways, Karvan Logistics and RTSB Logistics alongside the governments of all three countries of transit, as well as Lianyungang's municipal government, garnering their full support of the rail corridor's operation.
"Trade between China and countries along the Silk Road has grown 19 per cent every year on average for the past decade, and the establishment of One Belt, One Road will only further ignite these already-high volumes of economic activity," said Steve Huang, CEO, DHL Global Forwarding China.
"Turkey already counts China as its second-largest source of imports, and the EU as its largest export market. New corridors like the Lianyungang-Istanbul link will only further boost Turkey's strategic importance and associated economic development as a conduit for trade between China and Europe."
Freight travelling via the corridor departs from Lianyungang, China and traverses three Central Asian countries - Kazakhstan, Azerbaijan and Georgia - as well two sea transit segments and is expected to take 14 days before arriving in Istanbul.
"Negotiating the complex transnational requirements that span the Silk Road Economic Belt is no easy task," said Kelvin Leung, CEO, DHL Global Forwarding Asia Pacific.
"It requires a deep understanding of the varying regulatory and infrastructural conditions in each market, robust partnerships with local-market experts and authorities, and experience in brokering cross-border connections without compromising on overall speed and efficiency," he said.
The creation of the rail corridor follows the signing of an understanding between DHL and Kazakhstan Temir Zholy Express (KTZ Express), Kazakhstan's national multimodal operator, facilitating great rail connectivity between Europe and China via Kazakhstan's commercial hubs, including the newly-created Khorgos Special Economic Zone.
DHL also worked very closely with China, Azerbaijan and Georgia Railways, Karvan Logistics and RTSB Logistics alongside the governments of all three countries of transit, as well as Lianyungang's municipal government, garnering their full support of the rail corridor's operation.
"Trade between China and countries along the Silk Road has grown 19 per cent every year on average for the past decade, and the establishment of One Belt, One Road will only further ignite these already-high volumes of economic activity," said Steve Huang, CEO, DHL Global Forwarding China.
"Turkey already counts China as its second-largest source of imports, and the EU as its largest export market. New corridors like the Lianyungang-Istanbul link will only further boost Turkey's strategic importance and associated economic development as a conduit for trade between China and Europe."
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