Cosco Shipping Ports to develop huge logistics park in Guangzhou

Cosco Shipping Ports has plans to develop a 254,000sq. m logistics park in the southern Chinese city of Guangzhou which boasts one of the world’s busiest box ports. It has signed an investment agreement with the Guangzhou Nansha Economic and Technology Development Zone Commercial Bureau, which operates the Nansha free trade zone that includes a 15sq. km port cluster.