Hefei plans three logistics projects to operate next year

YAOHAI district of Hefei city in Anhui province will witness the completion of three big logistics projects in 2008, Xinhua reported.

They include the CNY400 million (US$53.25 million) Logistics Square backed by a Hong Kong company, the CNY500 million ($66.56 million) 333,335-square metre Shengda Logistics Base with investment from Shengda Group and the 200,000 square metre Baida Logistics Park funded by a CNY50 million ($6.66 million) investment from Baida Group.