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2008 June 24   07:20

Construction starts on northeast China's first bonded logistics park

The first bonded logistics park in northeast China's hinterland, owned by a joint venture property developer of Dalian Port Group and ProLogis, has commenced construction in Shenyang city, Logistics Week reported.
The US$50 million facility will take up 300,000 square metres to offer distribution, manufacturing, processing and trade services.
Dalian has been looking to expand the business coverage of its Dayaowan Bonded Port Area to the northeast China since the bonded area was approved in August 2006. The port city plans to set up bonded logistics facilities in important hinterland cities of Shenyang, Changchun, Harbin and Manzhouli in order to form a bonded logistics network in the region.
Investor of the facility Shenyang ProLogis Container Logistics Development Co Ltd has spent more than $80 million on developing 200,000 square metres' warehousing space at the Dalian Dayaowan Bonded Port Area, becoming one of the largest investors.

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