Chongqing
Chongqing Sinosteel Logistics Centre Project has now officially settled in Jiangbei Gangcheng Industrial Park, offering an internationalized platform for the steel circulation in southwest China.
The RMB 2.8 billion worth project was co-invested by Chongqing Sinosteel Investment Group, Chongqing Railway Investment Group,
China Commodity Exchange, when completed, will be the largest metal materials distribution base in southwest China.
Key to the mainly scrap processing project will be railway freight organizing and logistics.
The project is expected to make back the investment within 5 years meanwhile it will provide nearly 10,000 jobs.
Source: China News