Nanning ASEAN International Logistics Park
Located at Yudong----Nanning Coastal Economic Corridor Development Zone and next to the Guilin-Beihai Express-way, Nanning ASEAN International Logistics Park is supported by the major facilities such as railway, port, highway, and airport. The planned area for the Park is 18.8 square kilometers. The Park is mainly responsible for the trans-regional logistics services of foreign trade goods and a large amount of industrial products in Nanning and Guangxi. Moreover, it will be a multi-modal transportation center of international containers in the future. By the end of 2005, eight major projects were settled in the Park one after another with an investment of 3.4 billion yuan and anticipated annual turnover of more than 60 billion yuan when put into operation:
The project of steel processing and distribution logistics center of Guangxi Ruisheng Tongsheng Warehouse and Distribution Co. Ltd.: It is jointly invested by Liuzhou Iron and Steel (Group) Company as well as Hong Kong Great Harvest Asia Co. Ltd., which includes Iron and Steel Processing and Distribution Logistics Center with a planned area of 200 hectares and an investment of 57 million USD, and it is predicted that the annual business of steel processing and distribution will reach more than 3 million tons after being put into operation, paying tax of 120 million yuan and employing more than 3,000 persons; Yudong Logistics and Trading Town with an investment of 800 million yuan; and Guangxi ASEAN International Logistics Co. Ltd. with an investment of 150 million yuan, which is formed by Liuzhou Iron and Steel (Group) Company, Hong Kong Great Harvest Asia Co. Ltd., and the Investment, Construction, and Development Co. Ltd. of the Costal Development Zone.
The project of Guangxi Chaoda Yudong Logistics Park: 250 million yuan was invested by Guangxi Chaoda Transportation Co. Ltd. with a handling capacity of 600,000 tons of cargo a year after its being putting into operation.
The project of Fangchenggang Port Yudong Logistics Center: it is jointly funded by Volvo, one of the Fortune Top 500 companies in the world, and Fangchenggang Port Authority, including Volvo Southwest 3S center, Yudong Goods Processing and Distribution Center, and Fangchenggang Port Yudong Goods Warehousing Base. The planned area of these projects is 136.07 hectares, and the handling capacity will be 16.5 million tons. Within the year, the project of Nanning Port Motor Sales and Service Co. Ltd., with a registered capital of 15 million yuan, will be put into operation. It is the biggest 3S center for trucks in the southwest area at present, which is expected to gain 28 million yuan of sales volume and pay one million yuan of taxes after being put into production.
The project of goods processing and distribution logistics center of Guangxi Nanmeng Trading Co. Ltd.: with an investment of 500 million yuan by Guangxi Nanmeng Trading Co. Ltd., it is a modern logistics center integrating goods processing and distribution logistics as well as information superiority. The production value will be 1.2 billion yuan, paying taxes of 80 million yuan after its being put into production.
The project of Guangxi Medicine Logistics Center of Guangxi Changhong Pharmaceutical Co. Ltd.: with an investment of 350 million yuan by Guangxi Changhong Pharmaceutical Co. Ltd., it is predicted to gain an annual turnover of 3 billion yuan, paying taxes of 60 million yuan.
The project of Logistics, Processing, and Distribution Center for Aquatic Products and Agricultural and Sideline Products of American Portland Peace Co. Ltd.: with an investment of 50 million USD by American Portland Peace Co. Ltd., it covers an area of 66.7 hectares, mainly dealing with major logistics projects such as processing and distribution of aquatic products, agricultural and sideline products. It is predicted that the trade volume will reach 15～20 billion yuan, tax paying of over 400 million yuan after its being put into production.
The project of Industrial Metal Processing, Storage and Distribution Center: with an investment of 170 million yuan by Guangxi Shengyu Sugar Machine Manufacturing Co. Ltd, it covers an area of 20.01 hectares. It is expected to gain a sales income of 2.655 billion yuan, profits of 47.126 million yuan, and paying taxes of 186 million yuan.
The project of Auto Parts and Components Processing and Distribution Center: with an investment of 178 million yuan by Nanning Shanlanglin Products Development Co. Ltd., it covers an area of 40.02 hectares. The production workshop and production line which make auto parts and components such as chasses and gearboxes will mainly introduce machine-processing equipment, crane transportation equipment, and public systems equipment. It is expected to have a capacity of producing 30,000 sets of chassis parts and components for medium-sized automobiles and 30,000 sets of gearboxes after being put into production.