Chinese groups to acquire stake in Khorgos Dry Port
On May 15th, the three-party share transfer agreement on the dry port in Khorgos eastern gates was officially signed in Beijing among China COSCO Shipping Corporation Limited, Lianyungang Port Holdings Group Co., Ltd. (LPH) and Kazakhstan Temir Zholy (KTZ), the national railway company of Kazakhstan. According to the agreement, COSCO Shipping and LPH will jointly…