Korea aims to construct cold chain logistics center in Netherlands by 2027
President Yoon Suk Yeol, right, and first lady Kim Keon Hee appreciate a violin performance during a dinner meeting with Korean residents in the Netherlands at a hotel in Amsterdam, Dec. 11. Yonhap
Korea aims to build a cold chain logistics center in the Dutch port city of Rotterdam by 2027, the presidential office said.
The project will be pursued under a letter of intent to be signed between Korea's Busan Port Authority and the Netherlands' Port of Rotterdam Authority during President Yoon Suk Yeol's ongoing state visit to Amsterdam this week, according to senior presidential secretary for economic affairs Park Chun-sup.
"It will be aimed at constructing the first cold chain logistics center in Europe by 2027 by renting a plot of land inside the Port of Rotterdam," Park told reporters in Amsterdam on Monday (local time).
"With the growing interest of European consumers in K-food, we expect it to help increase our exports of fresh food and reduce the logistical costs of exporting companies," he said.
Park added that Korean shipments of frozen goods to Europe are expected to quadruple by 2030, making it critical to secure additional cold chain logistical hubs on the continent. (Yonhap)