Korea Post to set up logistics hub at Incheon intn'l airport
Korea Post, a state postal service agency, today said it would build a logistics terminal by 2007 in Incheon International Airport, located west of Seoul.
The project, worth 49.7 billion won (US$43.1 million), is intended to help the country become a Northeast Asian hub by supplying personal computer and digital appliance parts to the region, the mail service operator said in a press statement.
“The logistics center will act as a facilitator for South Korea to emerge as a technology hub for the region,” Korea Post said.
According to the agency, an affiliate of the Ministry of Information and Communication, the center would play a central role in transporting, storing and handling international cargo in the region.
Benchmarking an international logistics alliance between computer giant Dell Inc. and courier FedEx Corp., which enables Dell to supply on-demand computer parts to global customers via FedEx networks, the logistics center will forge cooperation with domestic PC manufacturers, the agency said.
DHL recently announced a plan to build its own courier terminal at the airport by investing 24 billion won.