AP Moller-Maersk will further bolster its land-based business in China to tap new growth opportunities across the entire logistics chain, senior executives said.
In a sign of that push, the Copenhagen-based firm unveiled its flagship logistics center in Lingang Special Area of China (Shanghai) Pilot Free Trade Zone, marking one of its largest global warehousing investments.
Representing an investment of over $140 million, the facility spans 113,000 square meters and offers 147,000 square meters of storage space.
Maersk, which operates in more than 130 countries and regions and employs around 100,000, said the new logistics center offers a full suite of fulfillment services and is designed to serve customers in China, across the Asia-Pacific region, and beyond.
“China is not only the world’s largest exporter, but also a key consumer market,” said Vincent Clerc, CEO of Maersk, adding that this facility will significantly enhance the group’s omnichannel fulfilment capabilities and further strengthen the connection between China and international markets.
Source: TIAN Dongdong from CrossPacificWatchers
