Hong Kong company to set up logistics park in Nantong

HONGKONG Guolian Modern Logistics Investment Co Ltd will invest US$500 million in setting up a logistics park in Jiangsu's Nantong city, Logistics Week reported.

The first phase of the US$140 million Haian Middle Jiangsu International Modern Logistics Park will cover an area of 44 hectares.



The first phase of the logistics park will consist of a traffic control centre, a storage and transport area, a third-party and fourth-party logistics centre and supporting facilities, the report added.