Trans Global Projects (TGP) opened two new offices in China at the beginning of August to shift its Hong Kong branch to Shanghai and inaugurate a new location in Dalian.
With the Chinese logistics industry continuing its boom unabated in 2018, TGP, a U.K.-based international project logistics specialist, is aiming to further align its global with the Chinese market to ensure that it has a vital presence in the world’s second-largest economy and the leading economic power in Asia.
TGP CEO, Colin Charnock, says that both new Chinese locations will offer TGP’s entire portfolio of services, including project logistics management, ship chartering, aviation logistics, supply chain management, logistics consultancy and procurement. However, he notes, “our main focus will be serving the export market from China for heavy equipment and machinery for the oil and gas, mining, power and renewables industries to project locations worldwide”.
The latest additions to TGP’s global family operate as Trans Global Projects China Limited. The new office in Shanghai serves as TGP’s Chinese headquarters at the centre of the country’s shipping industry, while the second office in Dalian provides proximity to customers in northeast China. TGP chose the two new locations to place a stronger strategic focus on China’s heavy industry heartland. A dedicated team of experienced industry professionals serves clients from the new offices and supports liaison between TGP’s headquarters in Europe and other network locations, both throughout the Asia Pacific region and globally.
Despite a recent slowdown in overall economic growth, China nevertheless remains a key driver of both the regional and global economy, and industry experts have predicted a 6.5 percent year-on-year growth for the Chinese logistics market in 2018.
According to Charnock: “The launch of our Shanghai and Dalian offices allows TGP not only to offer added value and services to our existing customers in China and the region, but also further expands our network and clientele in China”. The CEO adds that “China’s huge export industry continues to prosper – driving growth in the Asia Pacific region and globally. We are pleased to welcome our Shanghai and Dalian colleagues on board to support TGP in keeping ahead of customer demand in this vital market”.