LX Pantos Acquires Incheon Cheongna Mega Logistics Center to "Strengthen E-commerce"
Size Equivalent to 20 Soccer Fields
Integrated Fulfillment and Overseas Delivery Services
On the 13th, LX Pantos announced that it has completed the acquisition of a massive fulfillment center located in Wonchang-dong, Seo-gu, Incheon. The company plans to strengthen its e-commerce business competitiveness by securing the largest self-operated fulfillment center in the country.
This logistics center covers a land area of 26,025㎡ and a total floor area of 142,852㎡ across 11 floors, equivalent to the size of 20 soccer fields. It is adjacent to Incheon International Airport and Incheon North Port, Inner Port, and New Port, providing optimal location conditions for air and maritime logistics. It is also close to Namcheongra IC, making connections to major cities in Seoul and the metropolitan area via the Metropolitan Area 1st and 2nd Ring Expressways, Gyeongin Expressway, and 2nd Gyeongin Expressway convenient.
LX Pantos plans to use the logistics center as a K-Culture flagship center to enhance its e-commerce business competitiveness. In line with the increasing trend of direct overseas sales (reverse direct purchase) exports of K-Culture products such as beauty, apparel, and music, the company will promote fulfillment-overseas delivery linked services for e-commerce customers. According to the Korea Customs Service, reverse direct purchase export value last year was $2.94 billion, more than five times the $563 million recorded five years ago in 2019.
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An LX Pantos representative said, "The new logistics center will become a major western hub following the existing Incheon Airport Center and Siwha MTV Center," adding, "We will provide optimal logistics services to customers through stable operation and increased efficiency enabled by the large-scale self-operated fulfillment center."
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