20 Feb 2014
Hong Kong companies tapping into Guangxi's logistics sector: International train services in Pingxiang
Pingxiang is a Class 1 border checkpoint with international train services that connect directly to Hanoi, Vietnam in the south and to Beijing and Moscow in the north. In 2012, Pingxiang’s revenue from rail freight transport amounted to about Rmb150 million, accounted mostly by exports to Vietnam such as daily necessities, steel products and chemical raw materials. Imports from Vietnam going through this railway checkpoint consist mainly of mineral products and foodstuffs such as tea, rice and starch.
The facilities inside this railway checkpoint are rather obsolete. For example, the gantry (pictured) was installed in the 1950s. There are refrigerated cars to meet the needs of food transport. Existing warehouses are insufficient and the railway checkpoint is planning to increase the number. But Pingxiang is mountainous and there is a dearth of flatland, so land development cost is high. Currently freight volume at this railway checkpoint is moderate. This is so because each car takes 60-70 tons while most of the cargoes going between Pingxiang and Vietnam are transported by lorries through Friendship Pass.
|Pingxiang railway station.|
Edison Lian & Wing Feng, Guangzhou office