Fast development of the new silk road. In 2013 China launched the “One Belt, One Road” project, an ambitious infrastructure initiative involving 65 countries with a combined population of 4.4 billion people who are responsible for 30% of the world’s gross domestic product.
It aims to reinforce and expand a network of roads, railways, ports, airports and other infrastructure to enhance trade among Asia, the Middle East and Europe.
For companies involved in trading between China and Europe the fast development of the rail infrastructure along the silk road enables a new option of moving goods. The 11.000 kilometers overland route connecting China and Europe is now an interesting alternative to air and sea freight. Shipping products on a freight train from the ‘East to the West’ is gaining popularity for cargo for which optimised transit time is critical but delivery needs are not urgent enough to justify the high costs of air transport.
Petrex has started to use the new transportation way. Product is on the way. We will collect experience and share with our customers in the coming weeks.