Global DTC, a member of the PSA Group, has recently implemented a digital solution named Tez Customs, for the automatic submission and issuance of transit declarations that will simplify and speed up the process of customs clearance of transit cargo at the border of the People’s Republic of China and the Republic of Kazakhstan.
Global DTC is a joint venture company formed in 2023 between PSA International and Pegasus Logistics, a subsidiary of a Singapore-registered Variable Capital Companies (VCC) fund. The aim of the partnership is to improve efficiency and transparency by facilitating the exchange of data and information across participating organisations along the Middle Corridor (also known as the Trans-Caspian International Transport Route), thereby improving service reliability and visibility. This builds on PSA’s earlier entry into Central Asia and Kazakhstan in May 2023 through KPMC, a joint venture company with Kazakhstan Railways (KTZ), the operator of the main railway network in Kazakhstan.
Regional CEO Middle East South Asia and Head of Group Business Development Vincent Ng said: “The partnership with Pegasus Logistics in forming Global DTC is testament to PSA’s role as an enabler of digital innovation in the global supply chain landscape. With the increased trade flow between Asia and Europe, there is great potential to digitalise and streamline supply chain processes along the Middle Corridor. Global DTC’s latest solution to digitalise transit declaration processes is an important step in enhancing connectivity and fostering trust between organisations and government agencies along the Middle Corridor.”
Tez Customs is one of the modules of Global DTC’s Digital Trade Corridor (DTC) platform. The DTC platform is designed to provide seamless digital document flow for multimodal transport and stimulate the development of the Middle Corridor. The Tez Customs solution ensures transparency and helps speed up and simplify customs procedures, and is an important step that brings Kazakhstan closer to strengthening its position as a transit hub in Eurasia.
Tez Customs was piloted in December last year and initial results from the pilot show that the new solution enables a faster and smoother electronic transit declaration process, facilitating timely release by Customs within 30 minutes. The pilot will continue until it is put into industrial operation and a general decision is made by the Eurasian Economic Union (EAEU) countries involved in transit.
For more information, please click HERE for the press release.