Kazakhstan plans to build a new seaport in Aktau, the governor of Mangistau region, Nurdaulet Kilybay said at a government meeting, Trend reports.
According to him, the investment project is valued at $300 million, with Zhongyun International serving as the Chinese partner. A new company has already been registered locally, and documentation is being prepared for the investment agreement.
“The project will contribute to the formation of a new international transport corridor ‘China - Kazakhstan - Aktau - Baku - Poti - Europe’.
Its implementation will reduce delivery times by 7-15 days, reduce transport costs by 18-25 percent, and create new jobs,” Kilybay said.
Earlier during the goverment meeting, Kazakhstan's Minister of Transport Nurlan Sauranbayev stated that the construction of the first phase of the container hub in the port of Aktau, in cooperation with the Chinese company Lianyungang, will be completed by the end of the year.
“Overall, the project will increase the container hub's capacity to 200,000 TEU per year. Projects are also underway in the port of Aktau to deepen the port's water area and modernise the berths,” Sauranbayev said.
The U.S. will impose unprecedented measures on Iran in order to economically isolate the country, U.S. Treasury Secretary Scott Bessent has said...
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Hundreds of flights have been cancelled or rerouted at Catania Airport over the past week as ash from Mount Etna’s ongoing eruption contin...
Disruption in the Strait of Hormuz has increased the strategic importance of Bab al-Mandab, raising fears that instability in both waterways could trigger a wider global energy and trade crisis.
Flights at Catania airport in Sicily will remain suspended until early Friday as ash from Mount Etna continues to disrupt air travel, following hundreds of cancellations and diversions over the past week.
Iran says the Strait of Hormuz remains under its control, rejecting U.S. President Donald Trump’s claim of “total control” over the strategic waterway and insisting it will not reopen until Washington fulfils its commitments under an interim deal.
Iran and the United States remain at loggerheads over efforts to agree a permanent end to the war in the Gulf, according to a senior Iranian source who said there had been no progress in talks to revive the interim deal agreed in June and define a timeframe to implement it.
Russia has accused Ukraine of threatening global grain supplies after recent strikes on Black Sea agricultural infrastructure, while Moscow carried out a new overnight attack on Ukraine’s major Danube port of Izmail.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 14th of August, covering the latest developments.
Hundreds of flights have been cancelled or rerouted at Catania Airport over the past week as ash from Mount Etna’s ongoing eruption continues to disrupt air travel in Sicily.
Record rainfall in Japan’s Chiba Prefecture has killed four people and left thousands stranded overnight at Tokyo’s Narita Airport, as torrential rain disrupted rail, bus and texi services across the prefracture and left more than 20,000 households without power.
The Democratic Republic of the Congo’s (DRC) Ebola outbreak has spread to a sixth province. A man died of the virus in Bas-Uélé in the north, the African Union’s health agency said.
At least 437 civilians were killed and 2,610 injured in Ukraine last month, according to UN investigators, marking the highest monthly civilian casualty toll since March 2022.
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