Press Release

Kerry Logistics Signs Deal for New Xiamen Logistics Centre
Kerry Logistics prepares for logistics services boom as trade grows between Fujian Province and Taiwan

2010-07-14 Hong Kong

Kerry Logistics will build a new 42,000 sq.m. logistics centre in Xiamen, Fujian Province, Mainland China, preparing the way for a significant increase in trade between the coastal city and Taiwan.

The new facility demonstrates Kerry Logistics commitment to strengthen its distribution network by continually building logistics centres in China. Situated in the Haicang Export Processing Zone, this development ties in with the government strategy to facilitate trade across the Straits.

“The new logistics centre will provide Kerry Logistics’ customers with a state-of-the-art facility in a strategically important location. Demand for warehousing and value-added services for cross-strait trade is growing quickly and this development is a key component in our strategy to maximise opportunities within the Haixi Economic Zone,” said Edwardo Erni, Managing Director - Mainland China of Kerry Logistics.

Kerry Logistics strives to optimize the cross-strait logistics platform and develop business opportunities in conjunction with member company T.Join Transportation in Taiwan.

Taiwan is the largest trader and the 8th largest export market for Xiamen, the mainland city nearest to Taiwan*. The trade volume between Fujian and Taiwan in 2008 reached $7.5 billion, up 56 percent year-on-year. Of that, Xiamen's trade volume was $3.83 billion, up 25 percent.
(*Source: China Daily)

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