FESCO and Xi’an Free Trade Port to jointly build modern transport and logistics centre at Zabaikalsk railway station
the Manchuria border crossing port of China (Photo: ST Daily)

FESCO Transport Group and the Chinese platform company Xi’an Free Trade Port Construction and Operation Co.,Ltd (Xi’an Free Trade Port) plan to cooperate in the implementation of the Zabaikalsk Terminal Project to create a modern transport and logistics centre at the Zabaikalsk railway station.

The memorandum of strategic cooperation was signed at the TransRussia 2024 exhibition by Aidemir Usakhov, vice president of FESCO’s railway division, and Zhang Qitao, deputy general director of Xi’an Free Trade Port.

According to FESCO, the parties intend to jointly participate in the construction of the Zabaikalsk Terminal Transport and Logistics Centre near the Zabaikalsk-Manchuria railway checkpoint on the border with China, using their key competencies and assets.

Xi’an Free Port and FESCO will explore the possibility of establishing a joint venture to implement this project, as well as the development of logistics and terminal infrastructure in other locations.

The document also envisages strengthening cooperation between FESCO and Xi’an Free Port on other strategic issues, such as the development of rail container transport from Xi’an and Shaanxi Province (China) to Russia and Belarus and vice versa.

 

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