Construction of a Sino-Kazakstan international trade center
kicked off Friday in the Korgas Port, the biggest land port in
west?China, signaling a new era for bilateral trade between
China and Kazakstan, according to an official with the
Korgas Port.
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Jia Yisheng, an official with the port, said that Sino-Kazakstan
international border trade center, with a first phase investment of
40 million yuan (about US$5 million),?is expected to cover
25,000 square meters of floor space, cater more than 300 vendors,
and serve as the first-stage project of Korgas Port Central
Business District (CBD).
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The trade center will also serve as an entertainment center and
aims to absorb visitors and establish a reputation with its
complete and systematic services including shopping, entertainment,
and accommodations.
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Korgas international trade center was initiated on Sept. 24,
2004, in an agreement signed between the governments of China and
Kazakstan, which states that a free port city is to be set up at
their borders with functions of investment, trade, financial
service and tourism.
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Jia said that Kazakstan has remained the largest border trade
partner of Xinjiang
Uygur Autonomous Region for a continuous 12 years.?Korgas
is China's largest land port to countries of Central Asia and
Europe.
(Xinhua News Agency August 6, 2005)
