CJ Logistics Construction Division Wins 42 Billion KRW Logistics Center Construction Contract

[Asia Economy Reporter Yuri Kim] CJ Logistics Construction Division announced on the 25th that it has won the contract for the construction of a new logistics center for Jinsung BF, a food logistics specialist company, on the 24th. The contract amount is approximately 42 billion KRW.

The logistics center will have a total floor area of about 53,000㎡, equivalent to approximately 7.5 international standard soccer fields. Construction will begin at the end of this month, with completion scheduled for the end of 2021. It will be used as both an in-house logistics center and for leasing purposes.

The Jinsung Logistics Center, to be located within the Yongin Technovalley Industrial Complex, is situated 10 km from Yongin IC on the Yeongdong Expressway. It is also close to Dongtan JC on the Gyeongbu Expressway. The company stated, "Once the Seoul-Sejong Expressway opens as planned in 2025 and the Second Outer Ring Road in 2026, it will be possible to reach southern areas of the Seoul metropolitan area, including Seoul, within approximately 40 minutes."

The logistics center will be a building with one basement floor and ten above-ground floors. The warehouse spans six floors, of which five refrigerated and frozen warehouse floors allow self-docking via parking ramps. It is a vertical cold storage warehouse where clients can operate independently. The average slope of the parking ramps is about 7%, allowing truck drivers to drive comfortably as if on flat ground, according to the company. At least 12 cargo vehicles can dock simultaneously on each floor. Individual refrigeration units are installed on each floor, enabling power operation tailored to the characteristics of each client. A 744㎡ rest yard will also be created inside the parking ramp area.

Jinsung BF stated, "Due to the spread of the 'stay-at-home' culture caused by the COVID-19 pandemic, overall consumption of food, including convenience foods for home use, has increased compared to previous years," adding, "We will respond more actively to logistics operations in line with the increasing food consumption trend."

Min Younghak, Executive Director of Technical Sales at CJ Logistics Construction Division, said, "In the past 3 to 4 years, we have completed four logistics centers in Icheon, Pyeongtaek, Osan, and now successfully secured a contract in Yongin, thereby strengthening the 'Southern Gyeonggi Logistics Belt.' Through synergy with the logistics division, which provides comprehensive logistics services, we will offer differentiated consulting not only in construction but also from development planning to optimal logistics operations."

This content was produced with the assistance of AI translation services.