One Belt, One Road: Development of the Trans-Caspian route

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Photo by: Gov

Shanghai ACE Investment & Development Co ltd and Batumi Seaport LLC discussed the growth of the Trans-Caspian route, DKNews.kz reports.

The Director General Batumi Seaport LLC (100% shares belong to the subsidiary of KazTransOil JSC - Batumi Oil Terminal LLC) Ulan Tleugali and Chairman of the Board of Shanghai ACE Investment & Development Co ltd Sun Wangping discussed the possibilities of transshipment and growth of supply routes as part of the implementation of the ‘One Belt, One Road’ program.

The investment in transport infrastructure, including the Trans-Caspian International Transport Route (TMTM) was reviewed during the meeting.

Ulan Tleugali and Sun Wang Ping also visited the territory of the Batumi seaport where they explored the infrastructure and technical capabilities of the port.

DKNews International News Agency is registered with the Ministry of Culture and Information of the Republic of Kazakhstan. Registration certificate No. 10484-AA issued on January 20, 2010.

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