Infrastructure and e-commerce boost APAC logistics
Thanks to the completion of a few transportation infrastructure projects, the outlook for Asia’s logistics sector looks very promising, according to Colliers’ latest Asia Property Outlook 2016 report. The One Belt, One Road project implemented by China to link up various nations from Asia to Europe is expected to forge ahead in 2016. Southeast Asian countries such as Thailand and, in South Asia, India will be set to benefit as the first movers.
In addition, the exponential growth of e-commerce is no stranger to the global retail scene. The volume of online shopping has been growing at an exceptional pace in China. Alibaba’s 2015 ‘Single’s Day’ generated four times the sales volume of Black Friday and Cyber Monday in the United States combined, says Colliers.
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