A memorandum of understanding (MOU) was signed between Pacific International Lines (PIL) Group and China Guangzhou Nansha Development Zone. This MOU facilitates to increase trade cooperation, deepen business ties, and explore possible future business opportunities and development of a shipping/logistics base in the Nansha New Area, the company said in its press release.
The Nansha New Area is one of three development zones that comes together to form the China (Guangdong) Pilot Free-Trade Zone.