Alibaba has officially abandoned its plans for a second phase of expansion at Liège Airport, in Belgium. The Chinese e-commerce group will stick with the existing infrastructure.
Investment without follow-up
The group’s logistics subsidiary, Cainiao, recently reviewed its strategy and informed the airport that it is abandoning the second and third construction phases of its European distribution center at Liège Airport. This was confirmed by Walloon Minister of Economy Pierre-Yves Jeholet in response to a parliamentary question, according to La Libre. The decision marks the end of one of the projects with which Wallonia wanted to profile itself as a logistics hub for Asia.
