PSA and Kazakhstan Railways join forces on trans-Caspian route

PRESS RELEASE

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22 May 2023, Singapore

PSA International Pte Ltd (“PSA”), a leading global ports and supply chain solutions provider, and Kazakhstan Railways (“KTZ”), the operator of the main railway network of the Republic of Kazakhstan, have signed an agreement to establish a joint venture company (“Agreement”), KPMC Ltd (“KPMC”). KPMC will promote the development of the Trans-Caspian International Transport Route (TITR), enhancing connectivity and trade flows from Southeast Asia and China, through Kazakhstan, and beyond to Europe. The Agreement is subject to ...