On the morning of July 6, Huangpu Town signed cooperation agreements with Hong Kong Vailog Logistics Holding Co Ltd and Guangzhou Vailog Investment Co Ltd, marking the official landing of the Vailog International Trade Supply Chain Management and Settlement Center of Guangdong Hongkong Macao Greater Bay Area project in Huangpu Town.

With a total investment of over 1 billion yuan, the project plans to introduce top 500 international commercial retail enterprises, first-class domestic sports brand enterprises, and modern logistics equipment manufacturers to improve the logistics performance of other industries in Zhongshan and reduce logistics costs.

Li Xiaohe, CEO of Guangzhou Vailog Investment Co Ltd, said that the enterprise-friendly policies, scientific and efficient decisions and arrangements provided by Zhongshan City and Huangpu Town were the key to attracting them to invest.

Vailog Investment Co Ltd, based in Italy, is a famous developer, manager and investor of logistic warehousing facilities. It was founded in 2003 by FBH Group, an outstanding European logistics company.