The E-Land Group is preparing to construct an integrated logistics center and training institute in Shanghai.
On Jan. 30, the company had the ground-breaking ceremony for its second complex logistics center in Shanghai. It will have a floor space of 440,000 square meters, or roughly the size of 60 football fields.
Investing a total of 20 billion won (US$182.52 million), the four buildings that make up the second complex logistics center will be built in stages by 2018. Yearly shipments handled by the center will reach 330 million units based on the standard of fashion apparel, which is more than four times the size of the current logistics facility.
The existing logistics center in Shanghai supplies products to destinations in China. However, the second center will supply products not only to Taiwan and Hong Kong, since the company has recently entered those markets, but also throughout the rest of Asia.
Also, the second center will have a training institute that can accommodate up to 2,000 employees. So, the institute can also be used as a technical support center to educate some 30,000 Chinese employees, as well as those from Southeast Asia.
An official from E-Land said, “This is the largest-ever logistics center approved by local authorities for a foreign company, and it also functions as R&D and education centers. The company has secured the foundation to spread the 2nd and 3rd success stories in China throughout Asia. This is the decision of Chairman of the E-Land Group Park Sung-soo who made an investment, looking at the bigger picture.”