CWT to spend USD50 million on logistics facility in Tianjin
CWT Globelink 's parent company and Singapore's largest listed logistics service provider - CWT Limited plans to invest USD50million on a new container cargo logistics park in Tianjin.
The facility in the Tianjin International Container Logistics Centre, consists of a 40, 000 square metre yard and a five-storey warehouse of 110,000 square metres and a storage capacity for 10, 000TEU.
CWT plans to spend a total of USD200 million in the next 5 years on more new logistics facilities covering a total area of 66.66 hectares
