South Korea has set its sights on constructing a state-of-the-art cold chain logistics center in the Dutch port city of Rotterdam by the year 2027, according to an announcement from the presidential office.
This ambitious project is set to materialize through a letter of intent, soon to be signed between South 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. Park Chun-sup, Senior Presidential Secretary for Economic Affairs, revealed this exciting development, emphasizing that the aim is to create Europe’s inaugural cold chain logistics center within the Port of Rotterdam.
The venture holds great promise, particularly in light of the increasing European consumer interest in Korean cuisine, often referred to as K-food. Park elaborated on the significance, stating that this initiative is expected to bolster South Korea’s exports of fresh food while simultaneously reducing logistical expenses for exporting companies.
Furthermore, Park emphasized that South Korea anticipates a fourfold increase in shipments of frozen goods to Europe by 2030. This substantial growth underscores the pressing need to establish additional cold chain logistical hubs across the continent.
As South Korea paves the way for this groundbreaking logistics center, it is poised to enhance its global presence and contribute significantly to meeting the rising demand for K-food in Europe. This forward-looking strategy aligns with the nation’s commitment to strengthening its position in international trade and logistics.