A group of research team consisting of 10 large Singaporean logistics firms recently appeared in Nanjing to explore business opportunities in the city. Xinhua reports these logistics firms are aggressive and show strong desire to enter Nanjing¡¯s logistics service market. According to the report, the visiting Singaporean companies are highly representative and consist of companies like NOL, Orient Overseas Container Line Limited, Dart Express, Poh Tiong Choon Logistics and other well-known multinational logistics firms. International logistics giants such as UPS, DHL, China Merchants Logistics, Asia World of Hong Kong and COSCO Pacific Limited have dipped their toes in Nanjing. The logistical projects signed with Lukou Industrial Park have already registered well above 5 billion RMB.
Source: FDI
