Three neighbours – one Belt & Road - News.MN

Three neighbours – one Belt & Road

Sunday

2019/06/16

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2533.95

Ulaanbaatar

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Three neighbours – one Belt & Road

Kaisun Holdings Limited and China Railway Engineering Construction Mongolia have signed an agreement for the construction of the Mongolia Choir Railway Platform. This project opens up logistic opportunities along the China, Mongolia and Russia corridor by providing full supply chain management services to the region, and enhancing the development of logistics along the Belt and Road megaproject.

Mongolia Choir Railway Platform is one of the largest private enterprises in Mongolia. The railway platform in the town of Choir is located in the middle eastern part of the country, and around 250 kilometers away from the capital Ulaanbaatar, covering a total area of 35,000 square meters, with an annual loading capacity of 1.8 million tons. The cooperation between Kaisun Holdings and China Railway Engineering Construction Mongolia will further strengthen economic ties between Mainland China – Hong Kong – Mongolia. Being the only one railway for logistics transportation between China, Mongolia and Russia, the Railway Platform will provide loading and unloading, warehousing, customs declaration and logistic services to enterprises in both China and Mongolia.

As a pioneer in the Belt and Road, Kaisun Holdings started off to plant seeds along the region as early as 2011. Since China started the Belt and Road Initiative in 2013, it has been planning its development with neighbouring countries. The China-Russia-Mongolia corridor began with cooperation in logistics.

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