Rizhao city of China will be created a Central Asian logistics park with a capital of $9.8 million

Almaty. June 17. Silkroadnews - "In the East China coastal city of Rizhao, Shandong Province announced the establishment of the Central logistics park, which will be jointly built by association "Rizhao Port" and enterprises of Kazakhstan, Kyrgyzstan, Tajikistan, Uzbekistan and Turkmenistan", - says the publication "Peoples Daily".
As reported, the park covering area of ​​120 thousand sq.m, will provide services in the field of duty-free warehousing, international logistics, transit, import, export and transit trade, etc.
Last year, the city of Rizhao trade with countries along the Silk Road economic zone and maritime Silk Road of the 21st century, reached $7.66 billion, accounting for 22% of the total foreign trade of the city with an increase of 13.7% compared to the the previous year.
Also Rizhao opened a Central Asian shipping center and trade - the country's first government agency specializing in serving the states of Central Asia. Total investment in the project amounted to 300 million yuan.
$1 = 6.12 yuan