ANHUI, Mar 10 (GCTL) - Eastern China's Wuhu city in Anhui province plans to spend CNY2.5 billion (US$406.5 million) on Wuhu Railway Comprehensive Logistics Park in its Sanshan district.
The logistics park will be jointly invested by Shanxi PORTINT International Logistics Co Ltd and a Chinese investment company. Construction will be conducted in three phases.
Phase 1 project will focus on the construction of a four-kilometre rail line, a 100,000-square metre facility for operation platform, container yard and bulk cargo yard as well as a 20,000-square metre facility for warehousing and auxiliary facilities. The construction is expected to start in the first half of 2014 and is estimated to finish in 2015.