HONG KONG's Kerry Logistics has established a new subsidiary in Pakistan to tap expanding trade in
South Asia and new business opportunities along the China-Pakistan
Economic Corridor (CPEC) that is part of One Belt One Road (Obor).
Through its offices in Karachi and
Lahore the new subsidiary provides air and ocean freight, cross-border
road freight to Afghanistan and China, project logistics and inland
According to Kerry Logistics managing director Robert Tan the company is
committed to developing an overland transportation network for road,
rail and intermodal freight services in Asia.
"Riding on the immense opportunities brought on by the establishment of
the CPEC, we will leverage our extensive international freight
forwarding network and expertise in rail and road freight to provide
end-to-end and cost-effective multimodal solutions for customers across
the region," Mr Tan said.
Proposed by China in May 2013, CPEC is a multi-billion infrastructure
development plan to link China with markets in Central and South Asia,
and open new trade and transport routes across Asia. CPEC will create a
3,000-kilometre economic corridor via roads, railways and oil and gas
pipelines running from Kashgar, Xinjiang in northwestern China, to
Gwadar Port in southern Pakistan.
Through its member company, Lanzhou Pacific Logistics, Kerry Logistics
is also offering multimodal freight solutions to customers via block
train and trucking services along the CPEC from multiple regions in
China through Kashgar and Sost to Islamabad, Lahore and Karachi in