Lingang Group has signed an €85.3m (US$96.5m) agreement to establish a 30 ha logistics park in the Maritime Logistic Zone of Zeebrugge, as China strengthens its presence in the Belgian hub.
The objective is to cater to Chinese and international logistics players for transportation of parts and components, reefer loads and e-commerce between China and Western Europe.
With COSCO Shipping Ports acquiring the APM Terminals facility in Zeebrugge in September 2017, Lingang is aiming to cooperate with the terminal operator.
In order to carry out the project, the group set up several partnerships and signed five memorandums of understanding (MOU).
These include Lingang Group and China Certification & Inspection Group agreeing to set up inspection platforms in both Shanghai Logistics Park and Lingang Overseas Modern Industrial Park in Zeebrugge.
Lingang Group and Aprojects Belgium will provide resources for Aprojects Shanghai to set up a logistics centre and enhance the logistics service and operation between Belgium and China trade.
Eurotown B.V. signed with Lingang to use the logistics park in the Belgian port as an export centre, with both parties deciding to work together to set up a logistics and trading platform focusing on providing e-commerce service between Belgium and China.
Lingang Group also signed a contract with Shanghai Rainbow Wings International Trade Co. Ltd. and Han Industrial Corp./Hurricane Import & Export Co. Ltd – the latter is the general agency of Costco Wholesale in Asia for supermarket foods and household goods.
Finally, an MOU was signed between Lingang and Feng Zang Industrial, to work together to set up a trading centre in Zeebrugge to serve exporters and importers from both EU and China.