Chongqing - Bridging News and iChongqing plan to release three live streams since March 1 for this year's Two Sessions, sharing the same theme under the Land-Sea connection and introducing opportunities in western China to the world through logistics, channels, and industries.
In the first live stream, Au Yong Kong Seng, Deputy General Manager of Sino-Singapore (Chongqing) DC Multimodal Logistics Co., Ltd., and Vivian Yan, iChongqing's reporter, introduced the multimodal base in an all-round way, including its cooperation mode, channel network, and functional layout.
With the interconnectivity and convenience of transportation, Au Yong said the Chongqing DC Multimodal Logistics Co., Ltd. is close to the Guoyuan Port, China (Chongqing) Pilot Free Trade Zone, and Yuzui railway freight station, and is less than 15 kilometers from the airport. This makes Chongqing easily accessible by air, water, rail, and road.
Au Yong said that while the traditional inland waterway via the Yangtze River is still the main logistics option today, it is subject to more constraints than other transport modes. Any bottleneck along the corridor can interrupt the supply chain.
Thus, choosing a reasonable logistics approach that connects western China to the world is crucial. Nowadays, raw materials and manufactured goods can be transported to every corner of the world thanks to various well-developed transports.
Hungary's multimodal transport base, Gönyű Multimodal Terminal (GMT), received funds of 53 million euros last month and will start its construction in six to eight months this year.
This is Chongqing's first overseas third-party market heavy asset project under the China-Singapore (Chongqing) Demonstration Initiative on Strategic Connectivity (CCI), jointly constructed by four parties in three countries of China, Singapore, and Hungary, facilitating trains like China Railway Express with a lower cost.
"Hungary is the first European Union (EU) country to participate in the Belt and Road Initiative," said Dennis ONG, General Manager of YPL Supply Chain (Chongqing) Multimodal Company Limited. "The base will radiate railway stations in EU countries and platform stations of China Railway Express throughout China."
"This is Chongqing's first heavy asset landing project in Singapore for the overseas market, and we want to share the joy," added ONG. His company YPL, as the general core agent of the station, is responsible for the project's organization, operation, and business development.
Ovivas Technology, as the investor of the project company Hungary GMT Kft, will work with other parties to promote the base landing.
"We are optimistic about the developing opportunities of multimodal transport in Hungary, and Hungary is also an investment-friendly country," said Wisley Tan Ser Siong, CEO of Ovivas Technologies and Executive Director of YPL Supply Chain of Singapore.
"We will use technology to empower multimodal transport and provide more diversified services to our customers," he added.
For example, taking advantage of the Internet of Things to collect cargo information and real-time positioning can reduce costs and improve customer efficiency.
(Cai Jiajia, as an intern, also contributed to this report.)
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