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Lingang (CN) set to build new logistics park in Zeebrugge

Chinese real estate developer Lingang is not rescinding its earlier commitment to building a new distribution center in Zeebrugge, Flanders due to the coronavirus. In fact, the company has received its environmental permit and can start the first phase of its EUR 85-million investment. The new logistics park will provide 300 new jobs.

Port of Zeebrugge, Flanders, Belgium

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.

Developing the first 15 hectares

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.

Flanders as an entry into Europe

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.

Smooth sailing for long-term investments

“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.”

More info

Lingang
Reported by
(source: De Tijd newspaper)
30 April 2020

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