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MANUFACTURING SUPPLY CHAIN OFFICER SUMMIT 2018
Wed - 19/9/2018
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VSC TOUR | CITY LOGISTICS & DISTRIBUTION
Fri - 21/9/2018
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This event is open for all professionals interested or currently working in Starups in Hanoi, or supply chai professionals in Hanoi, or who are interested in looking for business collaboration for U.S. market through meeting with a delegation of Baylor University (U.S.), Executive Master Program.

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PROCESS DELEGATE SPECIALIST - BOSCH VN

The Bosch Group is a leading global supplier of technology and services, in the areas of automotive and industrial technology, consumer goods as well as building technology. 

LOGISTICS OPERATIONS COORDINATOR - CEL CONSULTING
A firm specialized in Demand and Supply Management in Emerging Markets: We create an impact where it's most needed
2018 MANAGEMENT TRAINEE - DHL SUPPLY CHAIN VIETNAM
DHL Supply Chain - a business unit of DHL Global, is the global market leader in contract logistics, providing warehousing, managed transport and value-added services at every link in the supply chain for customers in a variety of industries.

ALIBABA’S CAINIAO TO LEAD $1.53BN INVESTMENT IN HONG KONG LOGISTICS HUB

2018-07-10 18:03:49

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ALIBABA’S CAINIAO TO LEAD $1.53BN INVESTMENT IN HONG KONG LOGISTICS HUB

 

 

Cainiao, Alibaba Group Holding Ltd’s logistics business, has announced it will lead a joint venture investment of $1.54bn into a new logistics centre in Hong Kong, Reuters has reported.

Located at Hong Kong Airport, the centre will form part of a commitment by Alibaba to expand its global delivery network.

Having taken over Cainiao in 2017, Alibaba stated it would pour $15bn into its global logistics network over the next five years.

The project is owned by a joint venture with Cainiao Smart Logistics Network owning 51%, state-owned China National Aviation Corp owning 35% and courier YTO Express owning 14%.

The centre is set to open in 2023 and will take up approximately 380,000 sq m in floor space with the capacity to handle 1.7mn tonnes of cargo each year.

According to Alizila, the facility will implement automated warehousing technology and automated temperature control, and Cainiao has pledged that it will aid the growth of SME’s involved in e-commerce.

Wan Lin, President of Cainiao, stated: “The Hong Kong hub will be yet another milestone on our way to achieving our goal of 72-hour global delivery.” 

Cainiao also announced last week it will open additional logistics hubs in Dubai, Hangzhou, Kuala Lumpur, Belgium and Moscow.

This follows a $1.4bn investment last month by the Cainiao in Chinese express delivery company, ZTO Express, which the company stated was helping Alibaba and Cainiao develop a new digital economy.