Karim Massimov inspects the progress of construction of the ferry complex in Kuryk port

09 August 2016, 22:10
Mangistau Region

Prime Minister Karim Massimov has familiarized with the construction of the ferry complex in the port of Kuryk.

President of JSC "NC" Kazakhstan Temir Zholy "Askar Mamin reported to the Prime Minister on the progress of construction of the complex, which includes ferry and rail Borzhakty - Ersai.

The project is implemented under the state program of infrastructure development "Nurly Zhol" in Mangistau region and is strategically important to increase the transit potential of Kazakhstan through Caspian Sea ports.

The planned capacity of the complex provides for the processing of up to 4 million tons of cargo a year, petroleum products, grain, chemicals, fertilizers.

Construction of the ferry complex in the port of Kuryk started in April 2015. In June 2015 the labor movement was open for the delivery of construction materials on route Borzhakty - Ersai.

At the end of 2016 it is planned to put into operation the first complex objects. It is planned to build the second complex in 2017.

The completion of the complex will significantly increase the transit traffic and the export potential of the republic.

"Since last year Kazakhstan has become a member of the WTO. It opens the world markets in 160 countries, especially in China, Iran, Russia, the European Union. We need to think about how to win these markets. The Government should develop a set of measures to export Kazakhstani goods to foreign markets, " the President of Kazakhstan Nursultan Nazarbayev said during the July meeting on the basis of industrialization in the first half of 2016.

On export of certain products Kazakhstan holds a leading position in the world - the uranium production, yellow phosphorus, flour, titanium, copper and zinc. Kazakhstan supports trade relations with over 200 countries around the world. The highest intensity of foreign trade has been achieved with the countries of Central Asia, the Caucasus and the EEU.

By 2020, Kazakhstan's exports, according to forecasts of the Ministry of Investment and Development of Kazakhstan, will be increased from 13.8 to 16.5 billion dollars.