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Indonesia’s premier-city link on track for 2021 launch

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 Insights

03-Oct-18 Construction of the Chinese Belt and Road Initiative-backed Jakarta-Bandung rail line is back on track, with contractors confident it will enter operation in 2021.  Its most significant benefit is to cut transit time from five hours to 36 minutes. [image: HKTDC]

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Warehouse operator GLP launches USD2 bn China logistics fund

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11-Sep-18 GLP, Asia’s largest warehouse operator, has launched a USD2 bn China fund in partnership with Singapore sovereign wealth fund GIC, as it continues to tap into the growing demand for warehousing fuelled by a boom in e-commerce. [image: South China Morning Post]

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Dubai wealth fund ICD launches new logistics firm

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05-Sep-18 ISS Global Forwarding has been set up by Investment Corporation of Dubai, and will invest in the Middle East, Africa, Europe and India, later expanding to Asia and China. The company will focus on freight forwarding and contract logistics. [image: Arabian Business]

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E-commerce enhances Chinese business ties with Africa

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05-Sep-18 African households are quickly becoming a major market for Chinese e-commerce merchants looking to sell everything from mobile phone to toothbrushes, with market projections estimating a USD29 bn value by 2022 as mobile phones are gaining popularity. [image: Niu Jing / China Daily]

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China’s investment in Cambodian infrastructure totals USD2 bn

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24-Aug-18 Work has been completed on 2,000 kilometres of new roads, seven major bridges and a container terminal servicing the Phnom Penh Autonomous Port in Cambodia. All these initiatives have largely been backed by the Chinese Belt and Road Initiative. [image: Shutterstock_HKTDC]

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