[27 May, 2009 Shanxi] Shanxi Fanglue Bonded Logistics Center Company Limited (FLBLC) is pleased to announce the official signing of the official agreement on Phases 1 and 2 of the FLBLC (B-Type) project with BPS Global Group. BPS Global Group will take charge of the planning, development and operation of Phases 1 and 2 of FLBLC. The two parties have officially signed the agreement on 27 May in Houma, Shanxi. FLBLC Director Li Haixia and CEO Li Shaohui and Hong Kong Logistics Technology and Systems Limited (HKLTS) Macro Logistics Consultancy General Manager Fan Xiang were at the signing ceremony.
Authorized by the State Council, FLBLC was jointly approved by the General Administration of Customs, the Ministry of Finance, the State Administration of Taxation and the State Administration of Foreign Exchange. It is the only bonded logistics centre in Shanxi that is integrated with functional superposition and preferential policies, and one of the first batch of 17 extended pilot centres for the country, as well as a major project in the eleventh 5-year development plan of the Shanixi Province. FLBLC is also a key modern logistics project of the municipal accelerated service industry “1+10” projects and a “waterless port” pilot point established by the municipal government. It is an integrated platform for one-stop customs service, as well as a “converging point” to tap into the international market.
Fan Xiang, General Manager of Macro Logistics, BPS Global Group said, “FLBLC requires precision in the logistics centre’s market positioning, target clients, business operation mode and project construction. It wishes to lower investment risk while allowing the Shanxi area to obtain better community and economic efficiency. BPS is trusted and selected as the project’s partner, showing that our knowledge and experience in logistics management and our performance on implementation, are highly appreciated by our clients.”
FLBLC is located on 1 Haijun Street, Houma Economic and Technology Development Zone, Houma, Shanxi south. The centre connects to the G108 national highway, the Dayun Road, the Dayun highway, and is only 50 odd kilometres from the Yuncheng Airport. Occupying a gross planned area of 2.23 million square metres, the bonded logistics center has a total investment of RMB 1.92b, and is developed in two phases. Phase one composes of 230,000 square metres of planned area, while Phase 2 occupies 2 million square metres. Phase 1, invested with RMB 500m, was completed in early 2008 and in operation since.
