Kerry Logistics Invests in Central China Expansion
News Release
Kerry Logistics Network Ltd
January 9, 2012
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<DIV><SPAN><STRONG>China</STRONG> (Jan. 9, 2012)--Kerry Logistics is expanding
its presence in Central China, building a new logistics center in Zhengzhou in
Henan Province. Construction of the facility will begin in the second quarter of
2012 with a scheduled completion date in the first quarter of 2013.<BR><BR>The
logistics center will be built on 70,000 sq. m of land acquired by Kerry
Logistics to further expand its logistics network across the fast growing
economies of Central China.<BR><BR>The company will be targeting the electronics
and technology, automobile, industrial and material science sectors. The
facility will meet demand from customers for new warehousing space and a broad
range of logistics services.<BR><BR>"China's coastal provinces have refocused to
attract manufacturers of higher value-added products and there has been a
migration of production to the central and western regions due to lower land and
labor costs, we see the potential to transform Zhengzhou into one of China's
manufacturing and processing hubs. The new logistics center will strengthen our
comprehensive logistics network in the central and western regions of China,"
said Edwardo Erni, Managing Director, Mainland China, Kerry
Logistics.<BR><BR>The logistics facility is located at the Singapore
International Logistics Industrial Park in Zhengzhou, adjacent to the national
highway to the east and to the Longhai Railway in the north and is 20km to the
southeast of the city center.<BR><BR>Zhengzhou is located at the center of China
and is a traffic and communication hub for road and rail as well as air
transport.<BR><BR></SPAN></DIV></BODY></HTML>
<HTML><HEAD><TITLE></TITLE>
<META content="text/html; charset=unicode" http-equiv=Content-Type>
<META name=GENERATOR content="MSHTML 8.00.6001.18904"></HEAD>
<BODY>
<DIV><SPAN><STRONG>China</STRONG> (Jan. 9, 2012)--Kerry Logistics is expanding
its presence in Central China, building a new logistics center in Zhengzhou in
Henan Province. Construction of the facility will begin in the second quarter of
2012 with a scheduled completion date in the first quarter of 2013.<BR><BR>The
logistics center will be built on 70,000 sq. m of land acquired by Kerry
Logistics to further expand its logistics network across the fast growing
economies of Central China.<BR><BR>The company will be targeting the electronics
and technology, automobile, industrial and material science sectors. The
facility will meet demand from customers for new warehousing space and a broad
range of logistics services.<BR><BR>"China's coastal provinces have refocused to
attract manufacturers of higher value-added products and there has been a
migration of production to the central and western regions due to lower land and
labor costs, we see the potential to transform Zhengzhou into one of China's
manufacturing and processing hubs. The new logistics center will strengthen our
comprehensive logistics network in the central and western regions of China,"
said Edwardo Erni, Managing Director, Mainland China, Kerry
Logistics.<BR><BR>The logistics facility is located at the Singapore
International Logistics Industrial Park in Zhengzhou, adjacent to the national
highway to the east and to the Longhai Railway in the north and is 20km to the
southeast of the city center.<BR><BR>Zhengzhou is located at the center of China
and is a traffic and communication hub for road and rail as well as air
transport.<BR><BR></SPAN></DIV></BODY></HTML>