Yonggang Group invests 3b in logistics park
( chinadaily.com.cn )
Updated: 2013-07-29
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Construction of Dongsha logistics park, financed by Yonggang Group, began in Zhangjiagang of Jiangsu province after the establishment of Shengtai Wharf, Zhangjiagang Hongtai Port Co and Dongsha Logistics Park Development Company.
Yonggang Group has invested 3 billion yuan in the project to build a giant modern logistics park with more than 100 tons in throughput and 60 billion yuan in trading volume.
With a 4.36-kilometer bank line along the Yangtze River, Dongsha logistics park will function fully with Yongtai, Hongtai, Shengtai and two new energy wharfs, said Wu Yaofang, general manager of Yonggang Group. A new energy business center for trading new energy, oil products and liquid chemical products will also be built.
Services such as logistics finance, e-commerce and bonded foreign trade will be provided in the park. A one-stop platform with banks, customs and a tax administration will also be built in the park.
The new energy business center will open in 2015.
