Hong Kong-based logistics real estate giant ESR has signed an agreement with Kumamoto Prefecture and Yatsushiro City to develop a logistics hub around Yatsushiro Port. This initiative aims to strengthen connections between Asia, Kumamoto, and Kyushu. ESR President Stuart Gibson announced a potential investment of up to $1 billion over the next 10-15 years, driven by the region’s growing semiconductor industry, particularly TSMC’s presence. ESR plans to enhance the port’s logistics capabilities and attract businesses, aiming to balance economic benefits across Kumamoto. The company operates numerous logistics facilities and data centers worldwide, with significant assets under management. Source: RKK
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