[photopress:Grand_Power_Logistics.gif,full,alignright] Grand Power Logistics Corp has expanded in China through its wholly-owned subsidiary GP Express International (GP Hong Kong). GP Hong Kong has opened a subsidiary company of its own in Shenzhen called GP Shenzhen.
GP Hong Kong said it will invest up to HK$5 million in the new subsidiary to further develop its presence in the region.
‘We are pleased with our progress in China …’ said Ricky Chiu, President and CEO of Grand Power Logistics. ‘Although the air cargo sector in Hong Kong continues to grow, we see that there is faster growth and many excellent opportunities for Grand Power in the PRD region, now that we are much closer to many of the world-class manufacturers and exporters.’
GP Express started operations in March 2002 mainly as an air freight forwarding company, but also provides other services such as sea freight services, customs brokerage, and warehousing and distribution.
Source: CCNMatthews PR