OKH Global develops warehousing in China
Property developer OKH Global is tying up with Ping An Industrial and Logistics to develop logistics and warehousing facilities in China. An MOU has been inked and a joint venture company will be set up. "Ping An has the asset base. They have lots of warehouses and land across the whole of China that we can leverage on," OKH Global CEO Lock Wai Han said. OKH Global and its associated company, Pan Asia Logistics Investments Holdings will provide design, development, leasing and asset management expertise.