Guiyang Dulaying international land-sea corridor logistics port in Southwest China's Guizhou province promoted the grain and oil exchange market in Guiyang on Nov 11, which is the logistic port's first investment attraction project.
The exchange market will cover an area of 65 mu (4.33 hectares), with a total investment of 130 million yuan ($18.57 million). When finished, the exchange market will provide the wholesale, storage, processing, filling, sub-packing, retail, and distribution services for grain, oil, forage, and alcohol products.
Guizhou Railway Investment Co hopes to take the logistics port's advantages in location and transportation to establish Guizhou's most advanced exchange market and multimodal transport distribution center, while cooperating with grain-oil companies, distributors, and processing companies.
The construction of the exchange market will not only enhance international agriculture cooperation, but also provide opportunities for Guiyang's import and export of agricultural products, which will support poverty alleviation efforts in Guizhou.
The first stage of the exchange market started in December 2018 and will be put into operation next September. It will focus on the logistics services of grain, oil, containers, and fast moving consumer goods.
The second stage of the exchange market will cover an area of 1,600 mu, with a total investment of 3 billion yuan, providing logistics services for fresh food and cross border e-commerce.
