East-West Intermodal Logistics, the developer of the East-West Gate (EWG), and the Kazakh EuroTransit Group have signed an agreement to increase the rail freight traffic between Asia and Europe and make the rail transport of European export products possible.
The collaboration agreement was signed at the TransRussia International Transport and Logistics Exhibition held on April 12-14, 2021 in Moscow.
The two companies will jointly offer a fast and reliable transport route to the operators of the ever-growing land freight traffic.
The agreement will not only simplify and increase the rail freight traffic between the two continents, but due to the terminals expected to be completed, providing track-change technology, export from Western Europe to Asia passing through Hungary may also increase significantly.
“With the investment in Fényeslitke [the EWG terminal], Hungary could once again become a key player in international rail transport. Hungary is a gateway between the East and the West, and the East-West Gate project will be a tangible realization of this,” Norbert Konkoly, the Hungarian Ambassador to Moscow said.
The need for fast and reliable rail freight traffic in trade between Asia and Europe is increasing continuously, as clearly indicated by the record number of freight trains running between China and Europe last year. One of the biggest obstacles to the further growth of freight transport between the two continents are the Polish and Belarusian terminals in Central and Eastern Europe, which handle most of the traffic and are already operating at maximum capacity.
East-W
est Intermodal Logistics, which is developing EWG in Fényeslitke, and the Kazakh EuroTransit Group are jointly looking for partners and offering them complex logistics services between Asia, mainly in Western and Inner China as well as the European Union, under a long-term cooperation agreement. The EWG also supports the development of the EuroTransit Group through transfer of technological know-how.
The Kazakh EuroTransit Group is a major player in freight traffic between Asia and Europe, a traffic management and transport group that operates one railway- and several truck terminals at the Kazakh-Chinese border and is currently building a second railway terminal to handle the growing traffic.
“The operation of the terminal in Dostyk, the most important transshipment area on the Kazakh-Chinese border, would be coordinated with the East-West Gate in Fényeslitke. In the remaining time until commissioning the two terminals, the shipping base will be built, workflows will be synchronized, which will allow the terminal to operate at full capacity immediately after being handed over,” Erlan Dikhanbayev, the CEO of EuroTransit, said.
The East-West Gate in Fényeslitke, which in 2022 will be the largest land-based intermodal terminal in Europe in terms of nominal capacity, offering an alternative route for container traffic from Asia to Europe and for European export to Asia at the meeting point of wide-gauge and narrow-gauge railways.
Share on:
