05.10.24
Minister of Transport of Kazakhstan Marat Karabayev held a meeting with the head of the South Korean logistics company LX Pantos Lee Yong-ho. During the negotiations, issues of expanding container transportation through Kazakhstan in the direction of Europe and back, as well as the participation of LX Pantos in existing and new transit routes were discussed.
Particular attention was paid to increasing the volume of return container loading along the Trans-Caspian International Transport Route (TITR) from Europe to Kazakhstan. The Kazakh side also presented plans for the development of transport corridors and terminal infrastructure, which opens up additional opportunities for partnership.
As a result of the negotiations, a Memorandum of Cooperation was signed between PTC Holding and LX Pantos, which confirms the mutual interest of the parties in strengthening transport and logistics ties.
LX Pantos Co., Ltd. is a leading South Korean transport and logistics company that is part of the large conglomerate LG Group. Founded in 1977, LX Pantos offers a wide range of logistics services, including sea, air, and rail transportation, warehousing, distribution, and digital logistics solutions. Today, it is the largest logistics company in Korea and one of the leading companies in the world. The company transports over 1.5 million tons of cargo by sea and more than 120,000 tons by air each year.
The Trans-Caspian International Transport Route (TITR) runs through China, Kazakhstan, the waters of the Caspian Sea, Azerbaijan, Georgia, and further into the countries of Europe.
