Statement by Etienne Schneider, Minister of the Economy and Foreign Trade
Global production and consumption of pharmaceutical and healthcare products have led to increased logistical challenges around the world. The need for efficient and fully compliant end-to-end temperature-controlled supply chain solutions has created new challenges and opportunities for all involved logistics service providers and their partners.
Located in the heart of Europe’s pharmaceutical and healthcare market, Luxembourg provides global companies with many strategic advantages to successfully conduct their distribution activities in, from and to Europe.
Far-sighted and pro-business policies have enabled Luxembourg to meet the challenges of economic change over the past decades. Luxembourg is now committed to further develop and strengthen its economy by supporting a number of key sectors, and particularly the logistics sector.
In this context, Luxembourg has established itself as an intercontinental logistics hub in Europe for contract, air- and rail freight-based logistic activities, focusing particularly on added value logistics activities. Furthermore, Luxembourg has initiated a multi-product strategy within its logistics sector by concentrating on certain types of products such as pharmaceutical and healthcare products requiring specific handling, transport and/or storage solutions.
The pharmaceutical and healthcare industry is quite unique and demanding when it comes to logistics. It requires expertise in complex logistics processes as well as a comprehensive understanding of its quality assurance, regulatory framework, transport and handling requirements. After having investigated the logistics needs required to support the pharmaceutical and healthcare industry, we are convinced that Luxembourg offers a unique combination of assets.
In this respect, Luxembourg airfreight hub has now been reinforced with the opening of LuxairCARGO’s new dedicated Pharma & Healthcare Centre at Luxembourg’s international airport. In addition to this initiative, Luxembourg has decided to initiate an innovative project that will make Luxembourg’s airfreight hub fully Good Distribution Practice (GDP) compliant, qualified and certified according to the latest WHO and EU GDP guidelines. In Luxembourg, the logistics service providers and their partners are committed to ensure the highest level of pharmaceutical and healthcare products integrity throughout the entire supply chain.
Today our objective for Luxembourg is to position itself as a prime logistics airfreight hub in Europe for the pharmaceutical and healthcare industry by offering fully compliant end-to-end temperature controlled supply chain solutions.
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