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| Logistics hub at Yuen Long Industrial Park |
| Hong Kong Science and Technology Parks Corporation (HKSTP) and Dispatch Services Logistics Air Limited (DSLAL) global logistics services provider have signed an agreement for DSLAL to acquire land at the Yuen Long Industrial Park to establish a major logistics and distribution centre. DSLAL's planned Yuen Long Logistics Centre will occupy 24,385 sqm of land and will be completed in two phases over the next four years. The HK Yuen Long Logistics Centre will be DSLAL's largest project to date, with an estimated total investment of HK$211mn to construct the facility and install new machinery and equipment. Upon completion, the advanced nine-storey logistics centre will become the largest facility in Hong Kong to implement an RFID (radio frequency identification) system. From the Yuen Long Logistics Centre, DSLAL plans to provide high value-added services for customers including, laboratory and inspection services, electronic product code labelling, repackaging services, commercial documents origin verification and customs/brokers clearances services. In addition, DSLAL will offer professional training courses at the centre. "We are proud to say that the centre in Yuen Long will be the first of its kind in Hong Kong with such an advanced system and building structure," said Joseph Leung, CEO & Chairman of DSLAL. "Hong Kong is a key logistics centre for Greater China with our massive port facilities and modern airport. DSLAL chose the Yuen Long Industrial Park as the site for our new facility to support the continued growth of Hong Kong as a regional and global distribution and logistics hub for its proximity to key infrastructures and the Mainland." The initial phase of the Logistics Centre will consist of 28,000 sqm of gross floor area and will be made of a modern steel structure with a ceiling over 60 ft high. An automated storage/retrieval system (AS/RS), as part of the overall warehouse management system, will enable the warehouse to handle over 30,000 pallets in only 7,500 sqm of floor space. The AS/RS system will be enhanced with RFID and GPS (global positioning system) technologies that will allow up-to-the-minute inventory record accuracy, fast searching for goods' locations, accurate product identification and global tracking capabilities. Phase 2 will bring the gross floor area to 60,000 sqm. "HKSTP's goal is to transform Yuen Long into a location for high value-added services and facilities to support the logistics market in Hong Kong and the Pearl River Delta. With our world-class communications network, excellent transportation infrastructure and geographically strategic location, Hong Kong should achieve rapid market leadership in this area," stated CD Tam, CEO of HKSTP. "DSLAL is a globally recognised leader in the industry and as such is an excellent anchor tenant for the Yuen Long logistics hub." Supporting the drive to enhance Hong Kong's logistics capabilities, HKSTP has designated the Yuen Long Industrial Park to be a key location based on its geographic position. It is only 12 kilometres from the Lok Ma Chau border checkpoint and is connected to the Kwai Chung container terminals by Route 3 and the Tuen Mun Highway. DSLAL provides customers in the garment, medical, electronics, automotive, construction materials and printing industries with air, ocean and general freight services including customs and overall freight management along with forwarding, warehousing and distribution services. Headquartered in Hong Kong, DSLAL also has subsidiaries in Los Angeles, Shenzhen, Qingdao, Shanghai and works with partners located on every continent. Hong Kong Science and Technology Parks Corporation (HKSTP) is a statutory body set up by the Government of the Hong Kong SAR. More information about HKSTP is available at www.hkstp.org. http://gbcode.tdctrade.com/gb/www.tdctrade.com/shippers/vol28_1/vol28_1_logistic_01.htm |
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