GLP, China's CIMC to develop integrated logistics facilities and solutions

LOGISTICS facilities provider Global Logistic Properties (GLP) will work with China International Marine Containers (CIMC) to develop integrated logistics facilities and solutions under a strategic cooperation framework agreement.

GLP may also assist CIMC, a China-domiciled transportation equipment and services provider, in planning, redeveloping and managing their existing logistics facilities.

Victor Mok, co-president of GLP China, said that CIMC is an "important addition to GLP's collaborative platforms in the logistics ecosystem".

He said: "Over the past few years, we have built up an invaluable network of strategic partners with whom we can provide a comprehensive scope of services and solutions to meet the needs of our customers."

Mr Mok added that the company aims to provide an even wider spectrum of services to their customers to improve their supply chain efficiency and boost competitiveness.

Since 2014, GLP has established strategic partnerships with a number of China state-owned companies, such as the Bank of China and Cofco, to expand its customer base and strengthen its land sourcing capabilities.