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New heavy-duty auto components and logistics center launched in Jina

JINAN, Shandong – The biggest heavy-duty auto components and logistics center in Shandong Province was launched by Shandong Quanli Real Estate Development Co., Ltd. in Tianqiao, a district of Jinan, on October 19, according to a report from Daily Life.

Covering 128,400 square meters of land and with total investment of ¥390 million ($61.23 million), the new center will be responsible for the exhibition, delivery and export of heavy-duty vehicle components. In addition, local conditions of transportation, economy as well as environment all benefit the development of the center.

The logistics center is expected to be completed at the end of 2012 or at the beginning of 2013, with annual revenues of about ¥5 billion.

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