Prologis and the Opportunities of the New Silk Road
More than 2,000 years ago, the Silk Road linked eastern China with the Mediterranean in the ancient world’s longest and most storied overland trade route. Today, a confident China is constructing the 21st century equivalent designed to ensure the efficient movement of goods between east and west. The New Silk Road reduces transport time and cost considerably: Transportation by train is twice as fast as cargo by sea and cheaper than air.
Prologis, the world’s largest owner and operator of industrial real estate with logistics facilities close to key railway and shipping nodes in both Europe and China, will play a vital role in facilitating the flow of goods along the belt and road. In important logistics markets as disparate as Wuhan and Xi’an in China, the Rhine-Ruhr area in Germany and the Midlands in the UK, Prologis offers state-of-the-art logistics facilities with easy access to the belt and road infrastructure.
Prologis has rail-connected or adjacent facilities and land on both sides of the Eurasian railroad. In Germany, Prologis owns numerous buildings in logistics markets important for the New Silk Road – in Duisburg, for example, a significant railway turnstile for eastbound and westbound traffic.