Wednesday, February 16, 2022

Esquel Group and Kerry Logistics signed strategic collaboration agreement

Esquel Group and Kerry Logistics, a world-leading third-party logistics provider, signed a strategic cooperation agreement for the Shangliang Smart Logistics Park project on February 16, 2022 in Gaoming. Gaoming District Governor Jiang Yuexin, Kerry Logistics Group Managing Director Ma Wing Kai William, and Kerry Logistics Executive Director He Zhirong attended the signing ceremony. 

With the parties’ leading positions and capabilities in the textile and logistics industries respectively, the parties will jointly operate a smart logistics park in Shangliang, Gaoming, and promote joint venture businesses in warehousing as well as the textile and apparel supply chain. The warehouse covers over 100,000 square meters with a total investment of about RMB 350 million, and will bring the industries an intelligent, efficient and profitable large-scale logistics park in the Greater Bay Area. 

Esquel Group CEO Edgar Tung said, “We are optimistic about the future of the Greater Bay Area. Through this agreement, we will set a firm foundation for a comprehensive logistics supply chain ecosystem in the Gaoming district. We will continue to encourage innovation, make bold changes, be proactive in carrying out the transformation and upgrading of our businesses, and strive to create an ideal experience for our customers.”