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China Merchants to set up Hefei distribution centre

23 May 2012
China Merchants Logistics is to build a distribution centre in Hefei, its first in the capital of Anhui province, Xinhua reported.

The facility will cost Rmb1.1bn and cover an area of 17.5 hectares. It will offer supply chain services for local manufacturers of home appliances, automobiles, machines, pharmaceuticals and other consumer products.

The company is a subsidiary of China Merchants, which was founded in 1872 and in 1950 became the first wholly mainland Chinese-invested company to be based in Hong Kong. China Merchants is now a diversified conglomerate that is part of the Ministry of Communications.

     
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