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Chinese internetreus Alibaba invests 75 million euros in Liège
Economy Alibaba goes on the Liège airport € 75 million investment to there are first logistics hub of Europe. That has the Chinese internetreus said following the official signing of the memorandum of understanding between Alibaba on the one hand, and Belgium, and Wallonia on the other. That ceremony was attended by representatives of the Walloon and federal governments, including prime minister Charles Michel.

Last week, the board of directors of the Liège airport, seeing the arrival of Alibaba well. That is good for 3,000 new jobs, 900 of which are direct. Liege will -just like Hong Kong, Dubai, Kuala Lumpur and Moscow, part of the global network of Cainiao, a logistics subsidiary of Alibaba that on the site for a distribution center wants to build up of 220,000 square metres. The investment in the hub amounts to about 75 million euro. The start-up of the first commercial operations is scheduled for early 2021.

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Prime minister Charles Michel, who, despite the current political crisis, however, its appearance made, stressed the importance of the investment for the Belgian and the Walloon economy. “Attracting such a large company we will give a strong signal to other big economic players in the world. Our country has strong trump cards and the ability to develop further”, says Michel. The prime minister had also on a “historic day” and “a very important moment, not only for Belgium”.

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