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Shaanxi Pharmaceutical Holding Group Company is a large comprehensive State-owned pharmaceutical company. The company has been developing a new project at the Xi'an International Trade and Logistics Center aimed at building a "modern pharma-logistics center in Northwest China". The pharma-logistics center will cover an area of 33,000 square meters and has an investment of about 500 million yuan ($80.75 million).
The project aims to provide regional pharma-delivery services. It will build various warehouses to store the medicine, including a special pharmaceutical product warehouse and low-temperature warehouse. Its business includes medicine storage, delivery and shipping. It's predicted that the project will bring an annual profit of 80 million yuan ($12.92 million) to the company, with sales of 5 billion yuan ($807.5 million).
