China: Chongqing Builds Lianglu Cuntan Bonded Port
Construction of the Chongqing-based Lianglu Cuntan Bonded Port Area was completely finished on Dec. 14. The Lianglu Cuntan Bonded Port is China’s only inland bonded port area.
Local authorities plan to develop the port area into a large-scale bonded laptop production and logistics base with an annual output of at least 50 million laptops and an annual foreign trade volume of at least US$20 billion.
A large number of famous enterprises, such as Acer, Compal Electronics, Wistron Group and Xushuo Technology Company, quickly set up factories in the port area after phase-1 of the project passed the central government’s acceptance test on May 11, 2010.
There will be more than 170 companies and projects in the bonded area by the end of the year, including 11 Fortune 500 companies, such as Hewlett-Packard, Isuzu Motors, Itochu Cooperation and Compal Electronics.
Dredging Today Staff, December 26, 2011;