Lingang, one of the largest developers in China, committed two years ago to an EUR 85 million investment in a logistics distribution center in Zeebrugge for Chinese products destined for Europe.
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Lingang (CN) set to build new logistics park in Zeebrugge
Lingang purchased 30 hectares of land for sale and received a permit for the development of the first 15 hectares. This includes the construction of office buildings, a 376-meter warehouse covering 7.6 hectares, and 100 unloading quays.
Lingang is reportedly in talks with major Chinese customers who want to distribute their goods across Europe via Flanders. Its main focus is on the distribution of textiles and electronics and, secondly, car parts and frozen food.
“The corona crisis has not changed the outlook for the long-term investments of Chinese companies in our port,” says acting port top executive Rik Goetinck. “Chinese shipping company and terminal operator Cosco also continues to develop its container terminal, and the maritime supply of products from China has been rising again in recent weeks. The ships are once again full.”