| American famous logistics joins hands with Shenzhen logistics |
| Wednesday,August 29,2007 Posted: 14:41 BJT(0641 GMT) chinafair |
Today American multinational logistics enterprise AMB Company and Shenzhen Honbore Industrial Group signed Letter of Intent on their cooperative investment in the project called Shenzhen High Class Sports Goods Business and Trade Logistics Center located in Pinghu Logistics Garden of Shenzhen. A total amount of US$878m is estimated to invest in the project. A big modern business and trade logistics center for high-class sports goods will be built up, involving a site area of 180,000 square meters and constructed area of 283,000 square meters and integrating products display, collection and distribution of staple commodities import and export procurement, store of goods, transshipment of goods, regional distribution, distribution processing and business information exchange together. The center will become a model of promoting the development of Shenzhen business and trade logistic industry. As the key investor of the project, American AMB is a listed company in New York with the headquarters in San Francisco, California. The company, a multinational specialized in construction and operation of logistics, has a history of 30 years and total equity of US$11b |
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