YCH Group to develop high-tech DistriPark in Nantong

Dec 28, 2016 12:00:00 AM

  • The MOU helps accelerate urban development of logistics infrastructures in Nantong City in their bid to become the next major city of China

China, 28 December 2016 – YCH Group, Asia Pacific's leading integrated end-to-end supply chain management and logistics partner signed a Memorandum of Understanding (MOU) with CPC Nantong Northern New Town Management Committee to develop a DistriPark within the Nantong Integrated Logistics Park to support urban development of logistics infrastructures in Nantong City.

          

As a key port and economic centre in the Jiangsu Province, Nantong City is a fast-growing coastal city strategically located along the Yangtze River Delta.  According to a report published by Milken Institute in September 2016, Nantong City is one of the top ten Best-Performing 3rd tier cities in China, characterised by its rapid development and growth of wages, jobs, GDP & FDI in the city.

The new DistriPark will help to fill development gaps and intensified the growth of logistics infrastructure and capabilities, supporting the rapid urbanisation of Nantong City. The hub will also boost connectivity between the coastal and inland cities of China through the “One Belt, One Road” initiative, bringing further development prospects to China’s inland cities.

 “The DistriPark is strategic and instrumental to YCH’s expansion in the coastal and  inland cities of China. With the rapid development and growth of second and third-tier cities in the country, the new facility will provide immediate access to the best-in-class Supply Chain solutions for our clients in the region.” said Dave Lim, Chief Executive Officer of YCH China.

“The Nantong Integrated Logistics Park was designed to support the rapid growth of consumerism and urbanisation in Nantong City. We are delighted to collaborate with YCH, a notable Singapore company, who will add value in our efforts to develop Nantong into the next major economic centre of China.” said Zhou Yong, Director of CPC Nantong Northern New Town Management Committee.

YCH has built a comprehensive network in Greater China since the mid 90s, expanding its growing presence in key cities such as Shanghai, Beijing, Tianjin, Hangzhou, Suzhou, Kunshan, Nantong, Chengdu, Xiamen, Shenzhen, Guangzhou, Macau and Hong Kong. In addition to this MOU signing, YCH has also recently launched a Retail Hub in Xiamen, and implemented its EduRISE Talent Development Programme at Jiangsu Vocational College of Business earlier this month.

 

About YCH Group

Founded in 1955 and headquartered in Singapore, YCH Group is the leading end-to-end supply chain solutions partner to some of the world's largest companies and favourite brands across the Asia Pacific region. Its suite of innovative award-winning end-to-end supply chain management solutions - Intribution™, Intrabution™, Retrogistics™ - employ cutting edge web-technologies that are best-in-class across industry clusters from consumer and electronics to chemical and healthcare, to deliver powerful competitive advantages for customers. A strong proponent of innovation, YCH is recognized for its 7PL™ approach in seamlessly integrating supply chain strategy with execution. As an extended family enterprise, YCH was awarded the May Day Model Partnership Awards 2014 for embracing diversity, encouraging continuous learning and the creation of a productive, resilient and sustainable workforce.

For further information, please visit www.ych.com


 

For Media Enquiries

Sandra Tan


Corporate Communications, YCH Group


DID: (65) 6417 2773


Email: sandra.tan@ych.com
 

Neo Jia Hao

Corporate Communications, YCH Group


DID: (65) 6417 2772

Email: jiahao.neo@ych.com

 

Awards and Accolades

Supply Chain Asia Industry Night 2016, 2014
Overall Supply Chain Partner of the Year
YCH Group by Supply Chain Asia

Supply Chain Asia Award 2015, 2007 - 2010
Asian 3PL of the Year
YCH Group by Supply Chain Asia

WWT Excellent Partner Award 2015
Excellent Partner Award
YCH Group by WWT

Best Global Configuration Services Partner 2015
Partner of the Year
YCH Group by Dell

13th Supply Chain Asia Award 2014
Security Excellence Award
YCH Group by Supply Chain Asia

6th May Day Model Partnership Award 2014
May Day Model Partnership Award
YCH Group by National Trades Union Congress ("NTUC")

Dell Logistics Innovation Day 2012
Top Winner
YCH Group by Dell Inc.

Top 50 Export Enterprises of Tianjin 2012
YCH Tianjin by Foreign Trade Office of Tianjin Municipal Government

ExxonMobil's Operational Excellence Conference 2012
Operational Excellence Award
YCH Group by ExxonMobil

Singapore Business Awards 2011
Enterprise of the Year
YCH Group by The Business Times

3rd ASEAN Business Award 2010
Most Admired ASEAN Large Enterprise (Innovation)
YCH Group by ASEAN Business Awards

 

 

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