CHINA – A new logistics facility opened for business in Nagqu County, Tibet yesterday.
Based on the Qinghai-Tibet Railway the centre, located about 300 km from Lhasa, covers an area of 533 hectares and cost 1.5 billion yuan ($219 million) to build and is expected to be handling 2.2 million tons of cargo by 2015 and 3.1 tons by 2020.
The development is an important step in China’s aim to exploit the remote interior of Tibet. The facility is expected largely to handle raw minerals and animal husbandry products and provide full packing and supply chain capabilities to its users.
The Qinghai-Tibet Railway, running 1,956 km from Xining in Qinghai Province to Lhasa in Tibet, was officially put into operation in July 2006 and is the highest railway in the world.