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Wuhan Smart Logistics Hub

Country
China China
Status
Proposed
Area Of Operation
Transport Infrastructure Transport Infrastructure
Type
Sovereign

Quick Facts

Concept Approval Date
11 July 2023
Proposed Limit of NDB Financing
Up to RMB 2,415 million
Borrower
The People’s Republic of China
Project Entity
The People’s Government of the Hubei Province
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More About This Project

Project Context
Project Description
Project Objective

The National Logistics Hub Layout and Construction Plan envisages building a modern logistics system in China with 150 national hubs (including Wuhan) by 2025, aiming to reduce the ratio of total logistics costs to GDP from 15% in 2016 to 12% in 2025. In line with this, the 14th Five-Year Plan of Modern Logistics Industry Development of the Wuhan Municipality identifies the Project as the national logistics hub for the chemical industry.

The Project will include the following five key components:

  • Component A: new railway station for the transportation of chemical cargo.
  • Component B: wharf with six berths on the Yangtze River.
  • Component C: office building with an IT logistics platform.
  • Component D: roads connecting the logistics hub to the highway.
  • Component E: capacity building.

To contribute to the implementation of the 14th Five-Year Plan of Modern Logistics Industry Development of the Wuhan Municipality by improving logistics connectivity and integration, which is expected to boost the socioeconomic development of the local chemical industry, Wuhan Municipality and Hubei Province as a whole.