TEDA TO JOIN HANDS WITH PROLOGIS IN B-TYPE BONDED LOGISTICS CENTER
AsiaInfo Services, March, 2005
AsiaInfo Services 03-14-2005 TEDA to Join Hands with ProLogis in B-Type Bonded Logistics Center TIANJIN, Mar 14, 2005 (SinoCast via COMTEX) -- SinoCast - Tianjing Economic and Technology Development Area (TEDA) will join hands with the US-based ProLogis, a leading provider of distribution facilities and services, to form the first bonded logistics center (B Type) inTianjin. The total investment in the center is expected to reach USD 45 million (USD 1 = CNY 8.27), and it will show strength in bondedlogistics after completion, meeting logistics demands of various companies in the development area. Under closed management of local customs, bonded logistics companies in the center will become a logistics hub connecting both domestic and foreign markets with a certain...
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