HONG KONG: May 07, 2018. Hong Kong-registered 3PL Kerry Logistics has invested in Shanghai-based Topp Financial Leasing, a subsidiary of D&G Technology, to provide logistics services along the ‘Belt and Road’ trade routes of Central Asia.

D&G Technology (pictured) manufactures, distributes and leases asphalt mixing plants while providing road construction support in China, Australia, Russia, South and Southeast Asia, the Middle East, and parts of Africa.Established in 2016,

Topp Financial Leasing provides lease financing of asphalt mixing plants and road construction equipment.

“The new venture allows us to support D&G Technology in the service of its customers in the Belt and Road countries,” said Kerry Logistics executive director Edwardo Erni.

“We have been expanding our business across Central Asia and countries in the Commonwealth of Independent States in recent years and believe this collaboration can bring in new business and customers in the region,” he added.

Kerry Logistics says it is moving 200-300 TEUs per week through its twice-weekly block train service from China’s Lanzhou to Central Asia’s Kazakhstan and Uzbekistan, via the Alashankoy or Khorgos gateway.

The company is also running a weekly rail freight service from Yinchuan to Kazakhstan and Uzbekistan, handling approximately 100 TEUs per week.