NYK opens first representative office in Kazakhstan

NYK Logistics Rus, an NYK Group company in Russia, has opened a representative office in Almaty, the largest city in Kazakhstan. This is the first office to be established in Kazakhstan by the NYK Group.

In October 2009, the NYK Group company NYK Holding Europe took a 25 percent stake in Tranco Terminal, an Almaty-based car-terminal operating company, and began to participate in business operations in the country. Taking advantage of this opportunity, the NYK Group decided to establish a representative office of NYK Logistics Rus in Kazakhstan with the aim of proactively developing logistics business in the country for automotive as well as other industries.

Kazakhstan is blessed with energy resources, such as petroleum oil and natural gas, and had a high average annual growth rate of around 10 percent from 2000 to 2007, until the start of the global financial crisis. As economies begin to rebound from the economic downturn, Kazakhstan is expected to grow as a logistics base.

By providing car terminal services to local customers, the office expects to be able to eventually expand Tranco Terminal business. Additionally, the NYK Group aims to develop new business in the local market by considering car transport services from ports in China and Europe to Kazakhstan, taking advantage of trans Siberian railway service both ways East and West, and the provision of general logistics services for wide number of industries, including consumer electronics, retail and FMCG.<Korea Shipping Gazette>