Centre to Meet Rapid Growth in Demand

Chongqing, China, 8 August 2011 - Kerry Logistics has broken ground on the expansion of its Chongqing Logistics Centre just months after the completion of the first phase of the building to meet the rapid growth in demand.

Phase 2 construction, which is scheduled for completion in the first quarter of 2013, will comprise 62,700 sq.m of space for warehousing and value-added services. The facility will be housed in two towers both four storeys high.

The total area of the logistics centre will be 83,200 sq.m when the second phase is completed.

“Chongqing is one of the fastest growing cities in Western China and we have seen a rapid increase in demand for warehousing and logistics services. We have completed the first phase of the logistics centre, with an area of 20,500 sq.m, in the first quarter of this year,” said Edwardo Erni, Managing Director, Mainland China.

Kerry Logistics is targeting the auto spare parts, electronics & hi-tech and telecommunications sectors to provide integrated logistics services such as VMI, pick-and-pack, labelling, packing and re-packing.

Economic growth in Chongqing during the first quarter of 2011 was 16.3 percent.

Chongqing has an estimated population of 28,846,200. It has jurisdiction over 19 districts, 17 counties, and four autonomous counties. With an area of 82,300 km² (31,800 mi²), it is the largest direct-controlled municipality in China.

About Kerry Logistics
Kerry Logistics is Asia’s premier logistics service provider. Its core business encompasses Integrated Logistics, International Freight Forwarding and Supply Chain Solutions. With its head office in Hong Kong, Kerry Logistics is managing a portfolio of logistics facilities with a total area of more than 2.4 million sq.m, served by a truck fleet of about 8,000 vehicles, with a range of operations reaching 24 countries and supported by a staff strength of over 15,000. Kerry Logistics Network Limited is a wholly owned subsidiary of the Hong Kong-listed Kerry Properties Limited.


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