Tashkent, Uzbekistan (UzDaily.com) -- Uzbekistan Temir Yollari JSC and the large German logistics company Rhenus SE&Co. KG will create a modern multimodal transport and logistics center in Andijan region.

According to the press service of Uzbekistan Temir Yollari JSC, during the visit of the President of the Republic of Uzbekistan to Germany in September 2023, an agreement was reached between Uzbekistan Temir Yollari JSC and Rhenus SE&Co. KG on the construction of a modern multimodal logistics center in Andijan region.

According to this agreement, Uztemiryulcontainer JSC and Rhenus SE&Co. KG will create a joint venture UzContargo Andijan based on the Andijan logistics center.

A modern logistics center will create opportunities for multimodal transportation, container loading and unloading zones, open and closed customs warehouses, as well as heavy cargo handling.

Investments in the project will amount to 20 million euros in the period from 2024 to 2026, which will allow the logistics center to process from 250,000 to 300,000 tons of cargo annually.

The official opening ceremony of the UzContargo Andijan joint venture is scheduled for the end of March 2024.