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Asia Pacific Global Hubs to Remain Dominant: CBRE

09 Dec '15
6 min read


Vietnam's Ho Chi Minh City's strategic location to China, in particular to Kunming, and access to an improving Saigon port infrastructure is giving this city great potential for growth. For example, Saigon Hi-tech Park, a ten hectare logistics project, will help complete the supply chain around Ho Chi Minh City, improving its regional competitiveness.

Elsewhere in the Pacific, Australian logistics hubs are set to remain regionally important as a key supplier of commodities and agricultural products to the rest of Asia. While Western Australia will continue to be the key commodity hubs, Melbourne is the key international gateway to Australia's industrial and consumer markets, aided by robust infrastructure investments. There are 17 major infrastructure projects in Victoria with the government estimating a need for $7.7 billion of funds until 2019, the report said. (SH)

ALCHEMPro News Desk – India

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