Global Logistic Properties Ltd (GLP), a unit of Singapore sovereign wealth fund GIC, signed an investment agreement with Dadukou District of Chongqing on December 2022.
According to the agreement, the GLP plans to invest 30 million U.S. dollars to establish an e-commerce industrial park in Chongqing.
Global Logistic Properties Ltd, the largest service provider and supplier of industrial and logistic infrastructures in Asia, is mainly engaged in development and renting of general and dedicated warehouses.