At a meeting between the Minister of Trade and Integration Arman Shakkaliyev and the Chairman of the Board and founder of YTO Express Co. Yu Weijia, they discussed the construction of one of the largest e-commerce distribution centers in Central Asia. This center will ensure prompt processing of goods and their delivery to the EU, EAEU and Central Asian countries.

The implementation of intelligent IT solutions will fully automate logistics processes and provide customs support for deliveries. During the meeting, the parties considered the prospects for mutually beneficial cooperation in e-commerce and related industries.
Arman Shakkaliyev noted that the e-commerce market in Kazakhstan is developing rapidly, demonstrating an annual growth of more than 20%.

“The Chinese e-commerce market is striking in its volumes, where more than 70% of sales are made online. Kazakhstan, with its advantageous geographical location, strives to become a key transit zone for international e-commerce. A joint project with Kazpost to create a distribution center in Kazakhstan will give a new impetus to the development of cross-border trade,” the Minister of Trade of Kazakhstan said.

The Chairman of the Board of YTO Express Co. Yu Weijia emphasized that this project is unique in Central Asia and will cover the entire region. To expand global logistics hubs, the company also plans to build 5 more distribution centers in other countries.

"Last year, we began actively cooperating with the Almaty Akimat. This is a long-term project that will strengthen mutually beneficial and productive cooperation between the two countries.For the basis of cooperation, we opened 3 bonded warehouses in China: in Shanghai, Nanjing and Wuhan. This project is the only one in Central Asia that will cover the entire region. In addition to this distribution center, we plan to build 5 more centers in the USA, Brazil, Thailand, Budapest and Dubai,” said Yu Weijia.

The Chinese side intends to implement the project in the near future. Arman Shakkaliev confirmed Kazakhstan’s readiness to continue active work. Following the meeting, the parties agreed to sign a joint action plan.

This project will be an important step towards strengthening economic ties and developing international online trade in the region.

gov.kz

translated by Qazalem