“We believe the new hub will greatly boost export developments in the Pearl River Delta region and increase the total volume of freight transportation and employment level,†said Shi Fushen, deputy director general, Shenzhen Customs Provincial HQ.
“As the UPS hub will play a signifi cant role in the economic development of the region, we believe it will also boost the development of Shenzhen’s air freight industry. We will fully support UPS’ development in Shenzhen,†he added.
Through the MOU, Shenzhen Customs will off er a full suite of customs services at the UPS intra-Asia hub. It will support the setting up of a bonded warehouse. UPS and Shenzhen Customs will also jointly develop a risk management system to enhance and increase the efficiency of customs clearance processes.
Apart from the customs operations at the hub, the MOU also enables express cross-border clearance at the Hong Kong/ Shenzhen highway port for UPS vehicles heading towards or exiting the hub.
“China remains UPS’ number one priority in our international business strategy, and we believe the Pearl River Delta holds enormous economic opportunities as it develops further,†said KM Liu, senior vice president, Transportation Group, UPS Asia Pacific Region.
The UPS Shenzhen Intra-Asia Hub which broke ground on 24 October 2008 is built at a cost of US$180 million (RMB1.24 billion) and will initially employ more than 400 people. When completed, the UPS intra-Asia hub will have a bonded warehouse with round the clock customs facilities seven days a week to handle international cargo and express shipments. The hub will operate with a sorting capacity of 18,000 items per hour which is expandable to 36,000 items per hour.
