LX Pantos Partners with Kazakhstan's Largest Logistics Company to Expand Central Asia Operations

Comprehensive logistics company LX Pantos is strengthening its logistics business in Central Asia, focusing on Kazakhstan.

On the 10th, LX Pantos announced that CEO Lee Yong-ho met with Marat Karabaev, Minister of Transport of Kazakhstan, in Astana, the capital of Kazakhstan, to discuss logistics cooperation measures between the two countries.

Both sides focused on discussing cooperation measures for container cargo transportation on the Trans-Caspian International Transport Route (TITR), which crosses the Caspian Sea connecting Europe and Central Asia.

Unlike existing Asia-Europe transport routes such as TSR (Trans-Siberian Railway) and TCR (Trans-China Railway), TITR is gaining attention as the only transcontinental railway route that does not pass through Russian territory. Discussions and infrastructure investments for the expansion and development of TITR, centered on the three countries of Kazakhstan, Azerbaijan, and Georgia, are actively being carried out at the national level.

Lee Yong-ho, CEO of LX Pantos (second from the left), is taking a commemorative photo after meeting with Marat Karabayev, Minister of Transport of Kazakhstan (third from the left).
[Photo by LX Pantos]

To concretely implement cooperation measures, LX Pantos also signed a Memorandum of Understanding (MOU) with PTC Group, Kazakhstan's number one logistics company, on the same day.

Accordingly, the two companies agreed to build a strategic partnership and closely cooperate in expanding cargo transportation between Europe and Asia using TITR, utilizing logistics assets between the two companies, and jointly developing export cargo from Kazakhstan.

PTC, established in 2002, is a representative integrated transportation service and logistics investment group in Kazakhstan, owning and operating the largest scale of railway vehicles and logistics infrastructure in the Central Asia region.