DP World signs two MoUs with Kazakhstan government

Two MoUs were signed between global trade enabler DP World and the Kazakhstan government for the development of a port community system (PCS) and to integrate customs processes.

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PCS is a one-stop electronic platform developed by DP World company Dubai Trade, that enables the exchange of information between organizations involved in maritime, inland and airport processes. The aim is to improve ease of doing business in Kazakhstan’s ports and free zones through paperless transactions that remove long queues in administrative offices, delays and duplication.

The first agreement was signed between DP World and Kazakhstan Temir Zholy (KTZ) to set up a joint venture to implement and manage the PCS system to create a multimodal transport corridor (the Eurasian Transcontinental Corridor), featuring automated logistics processes for cargo delivery and the unification of logistics centers, sea and dry ports into a single transport and logistics network.

Customs integration

The second MoU was signed between DP World, KTZ and the committee of state revenues of the Ministry of Finance of Kazakhstan (Customs) to ensure the integration of customs processes into the online portal.

Kazakhstan’s potential as a key transit corridor for China’s One Belt, One Road initiative can be realized by focusing on soft and hard infrastructure development that supports multimodal transport links, according to DP World Group chairman and CEO, Sultan Ahmed bin Sulayem.

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