As infrastructure continues to build in and around the City of Changsha, in the south central province of Hunan province, the area has become an investment hotspot for domestic logistics operators, Xinhua reports.
On a recently held logistics investment promotion activity in Changsha (pop 7.04 million), a domestic logistics company decided to spend CNY600 million (US$94.4 million) on a distribution facility in the city.
Anshan Steel Company, one of China's large state-owned steel plants, China Post and domestic supermarket giant China Resources Vanguard have also to set up distribution centres there.
During recent years, government of China and Hunan province have addressed the bottleneck for shipping on the Xiangjiang River, a branch of Yangtze, by launching serious of dredging and infrastructure projects and has successfully resolve the problem. Now 1,000-tonne ships can sail down river to the main trunk stream of Yangtze.
According to development Changsha's development plan, the city will build up four port areas with nine exclusive terminals and 19 tourism terminals with a quay length of 20 kilometres. Meanwhile, the Changsha Railway Logistics Centre will start operation in the first quarter next year, bringing a throughput of 20 million tonnes to the city, and becoming the largest rail freight facility in central China.
