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News Center signs Bahrain dragon city project

Source: China Building Materials Import and Export Group Corporation

Date: October 31, 2014

On October 23, the sixth Chinese Foreign Investment Cooperation Fair was held in Beijing Exhibition Center. In the "the Kingdom of Bahrain and China Business and Investment Forum", and China Middle East Trade and Investment Promotion Center achieve a cooperation on Bahrain dragon city project. Zhang Jingsong, Deputy General Manager of the China Building Materials Import and Export Group Corporation and President of and Miu Lin, Vice President of the China Middle East Trade and Investment Promotion Center signed the agreement.

As a leading cross-border business platform, Okorder.combased on the "cross-border business + overseas warehouse" business model, created the "online Silk Road" in the Internet era. In the overseas warehouse construction, Okorder.comcurrently focuses on the “one belt + one road” layout, integrates offline resources and plays the platform advantages to establish an “online Silk Road” in the Internet era to further radiate global market and achieve the global trade linkage. At present, its overseas warehouse strategy has covered the global key markets, and the next step will be the gradual extension to the world's major countries and regions. In 2014, the construction of overseas warehouse in a dozen of countries like Brazil, Chile, Russia, Germany, Burma, Indonesia, Vietnam, Saudi Arabia, Kuwait, Qatar, Oman, and Bahrain has been launched. Its Dubai Logistics Park located in Dubai Jebel Ali Free Trade Zone, United Arab Emirates, has been completed, covering an area of more than 50 thousand square meters and radiating more than 1.5 billion population in emerging markets like South Asia, West Asia and Africa .

In the fair, Zhang also had talks with Kamal Ahmed, the Kingdom of Bahrain Minister of Ministry of Transportation, CEO of Economic Development Committee and Vice President of Bahrain's Sovereign Wealth Fund. They exchanged ideas in the construction of the Bahrain Logistics Park. After its completion, the Bahrain Logistics Park, together with the Dubai Logistics Park, will provide the bonded warehouse and local logistics services for cooperative enterprises for their carrying trade and spot sales in the Middle East and Africa.

Themed with "the new situation and new challenge: to seek the strategic point of investment and cooperation between countries and regions", the fair actively guides foreign investment and global financing of Chinese enterprises. This cooperation will accelerate the strategic layout and overseas warehouse construction of in the Middle East. The "cross-border business + overseas warehouse" business model will also take this opportunity to play an active role in the promotion of online interaction and global trade linkage.

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