Recently, Express, Itochu, and Sumitomo... A group of international logistics giants entered the Wuhan Development Zone this year, forming an upsurge in investment in the automotive logistics industry.
The Sumitomo Warehouse of Japan's Sumitomo Group, the company's Wanteke Co., Ltd. and Beijing Datong Co., Ltd. jointly invested 2.1 million U.S. dollars to build a logistics warehouse in the development zone with a throughput of 440,000 cubic meters.
Previously, Japan's Honda Corporation registered two logistics companies - Wuhan Dongben Storage & Transportation Co., Ltd. and Honda Logistics (Wuhan) Storage Co., Ltd., with a total investment of RMB 18.92 million.
As of the end of May, the development zone has attracted 11 auto logistics merchants with a total investment of 770 million yuan.
Investors said that a large number of auto OEMs and parts companies are focusing on the Wuhan Development Zone, which is an excellent industry base for the automotive logistics industry.
Japan’s largest logistics company, the president of Japan Express, China, said that in the future, the company will expand its logistics business in China and will focus on the Wuhan Automotive Logistics project. At the end of April, its wholly-owned subsidiary invested 2 million U.S. dollars in China to set up a warehousing company to provide warehousing, handling, packaging, and automotive logistics consulting services to Nissan, Honda, and other automakers.
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