Prospects for economic growth through multiple methods of transport in countries in the so-called “Mediterranean Corridor/Corridor V” were examined in a conference in Budapest this month, with Hungary said to be well-placed to play an important role as a bridge between Western, Eastern and Southern Europe.
The conference, organised by the Hungarian-Italian Chamber of Commerce, focused on “Pan-European inter-modal corridors as opportunities for regional development from an anti-crisis perspective”. Speakers included Daniel Wieland, senior vice-president rail logistics and forwarding at DB Schenker, chamber president Maurizio Sauli, Italian ambassador to Hungary Maria Assunta and the Hungarian state secretary at the National Development Ministry, János Fónagy.
Wieland addressed economic opportunities and perspectives presented by the use of the two rail routes from China to Europe, the “northern” and “southern” routes, with reference to the additional logistics offerings from DB Schenker. “We link the strongly growing provinces around major cities such as Chongqing with Europe by rail,” Wieland said.
The 12,000-kilometre northern route leads from Shanghai via Russia, Belarus and Poland, while the 10,000-kilometre southern route leads from Chongqing via Kazakhstan, Russia, Belarus and Poland.
With growing distances into the Chinese hinterland, rail-based transport
from there directly to Europe can generate economic advantages and
ideally complement the possibilities of air freight and sea freight,”
Wieland said. “By rail the transport time is up to 16 days quicker than
by sea, while there is a cost saving of up to 75 per cent compared to
air freight.”
Read more: Hungarian role seen in China-Europe freight | The Budapest Times
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