Alibaba to open smart logistics hub
| 13 December, 2018
The Federal Government of Belgium and Alibaba Group have agreed to promote inclusive trade under the Electronic World Trade Platform (“eWTP”) initiative.
The partnership with the Government of Belgium will be Alibaba’s initial effort to promote inclusive global trade in Europe, building on the success of similar eWTP partnerships in Asia and Africa over the past two years.
A major element of the eWTP agreement is the establishment of a logistics infrastructure to support cross-border trade. Cainiao Smart Logistics Network, the logistics arm of Alibaba Group, and Liege Airport also signed a contract to lease a total area of 220,000 square meters to build a world-class smart logistics hub at Liege Airport. The initial investment will be 75 million euros, with the first phase of the facility planned to commence operations in early 2021. The Liege smart logistics hub will enhance overall logistics efficiency to help SMEs better manage their exports especially with the surge in global e-commerce.