Direct path from China to Indian Ocean in new land-sea trade corridor
Source:China Sport ShowRelease time:04-Apr-2022Clicks:
Article From:Fibre2Fashion
The New International Land-Sea Trade Corridor, a trade and logistics passage jointly built by western Chinese provincial regions and Singapore, recently launched a new transport route, creating the first direct link to the Indian Ocean. The route's first outbound rail-sea transport freight train left southwest China's Chongqing municipality on April 2.
It will first reach the Laotian capital Vientiane by railway and pass through Thailand via highways before arriving at Myanmar's Yangon, its final destination, a news agency reported.
The new freight service is estimated to take about 10 to 14 days to reach Yangon, cutting the logistics time by more than 20 days compared to the traditional route that goes to eastern coastal cities via the Yangtze river, and then out to sea, according to the corridor's operator.
In 2021, the rail-sea transport freight trains and cross-border highway shuttle buses and international railway intermodal freight trains launched by Chongqing recorded 60 per cent, 17 per cent and 30 per cent year-on-year growth in goods volume respectively.