The southern China headquarters in Qianhai will begin operations in early 2026, while its logistics hub will be up and running in October
Finnish lift maker Kone plans to set up its southern China headquarters in Shenzhen, which will include a research and development centre and a logistics hub, to tap growing opportunities in the Greater Bay Area.
The company on Friday signed an agreement with the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone of Shenzhen, marking the launch of its investment initiative in the Guangdong-Hong Kong-Macau Greater Bay Area.
“It’s a very significant investment for Kone,” said Joe Bao, executive vice-president of Kone Corporation and president of Kone Greater China, in an exclusive interview with the Post. “Through this partnership, we look forward to optimise resource allocation, accelerate industrial transformation and support urban renewal across the Greater Bay Area cities.”
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