Korea Ocean Business Corporation Invests in Eco-Friendly Logistics Center in Poland, Kicks Off Effort to Secure European Supply Chain Hub

150 billion won in financing and LX Pantos consortium participation
First implementation case of the "Global Logistics and Supply Chain Strategy"

Aerial rendering of the Booster logistics center asset in Katowice, Poland. Korea Ocean Business Corporation.

Korea Ocean Business Corporation has begun investing in an eco-friendly logistics center in Europe, setting in motion a full-scale effort to secure European supply chain hubs for Korean companies. The strategy is to directly acquire overseas logistics infrastructure amid global supply chain realignment in order to strengthen corporate competitiveness.

On February 11, Korea Ocean Business Corporation announced that it has decided to provide investment support for a logistics center in Katowice, Poland, to enhance the competitiveness of domestic companies' global logistics networks and to secure supply chain stability.

This investment is being carried out by Korea Ocean Business Corporation providing approximately 150 billion won in financing, while a K-consortium that includes LX Pantos acquires an equity stake.

This is the first case in Europe following Korea Ocean Business Corporation's investments in logistics facilities in the Americas and Southeast Asia. It was pursued to use Poland, a strategic stronghold in Eastern Europe, as a base to reduce local logistics costs for Korean companies and to establish a stable operational foundation.

The logistics center will have a leasable area of 108,951 square meters and will consist of a total of five buildings. It is expected to obtain BREEAM certification, an international green building certification, by incorporating solar panels, eco-friendly cement, and other features.

Katowice, where the logistics center will be built, is the central city of Silesian Voivodeship, Poland's largest industrial region. With excellent accessibility to neighboring countries such as Germany, the Czech Republic, and Slovakia, it is regarded as a logistics hub that connects all of Europe. If reconstruction projects in Ukraine move into full swing in the future, it is also being discussed as a potential forward base in the logistics supply chain for Korean companies.

This project is a result of the business briefing session that Korea Ocean Business Corporation held in Europe in September last year, and it led to a final investment decision after discussions with LX Pantos, Korea Overseas Infrastructure & Urban Development Corporation, and others. It is also significant as the first implementation case of the "Strategy for Securing Global Logistics and Supply Chain Hubs" announced by the government in December last year.

Through this investment, Korea Ocean Business Corporation plans not only to provide simple financial support but also to resolve the infrastructure shortages that domestic logistics companies and manufacturers face in the European market, while serving as a national-level safety net for supply chains.

An Byunggil, President of Korea Ocean Business Corporation, said, "The investment in Poland will be an important inflection point as the corporation expands its business scope beyond Asia and North America into Europe," adding, "We will continue to expand our investments in overseas logistics infrastructure, focusing on global logistics hubs where Korean companies are actively entering the market."

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