Dubai-based company purchases SC land for distribution center
Oct 3, 2007 07:02 PM EDT
ORANGEBURG, SC (AP) - A Dubai-based company looking to build a logistics center and business park in Orangeburg County has purchased about 1,300 acres of land near Santee.
Jafza International managing director Chuck Heath says the company thinks Orangeburg has the potential to become a major logistical hub in the United States.
Jafza officials will begin negotiating the details of its investment with state and local officials in the next few weeks.
The company says it plans to invest about $600 million and ultimately hire about 8,000 workers.
Jafza International is a sister company of DP World, which initially won federal approval last year to run six major US ports before congressional objections caused the deal to fall through.
ORANGEBURG, SC (AP) - A Dubai-based company looking to build a logistics center and business park in Orangeburg County has purchased about 1,300 acres of land near Santee.
Jafza International managing director Chuck Heath says the company thinks Orangeburg has the potential to become a major logistical hub in the United States.
Jafza officials will begin negotiating the details of its investment with state and local officials in the next few weeks.
The company says it plans to invest about $600 million and ultimately hire about 8,000 workers.
Jafza International is a sister company of DP World, which initially won federal approval last year to run six major US ports before congressional objections caused the deal to fall through.
posted by jillosophy at 10/04/2007 09:01:00 AM
0 Comments:
Post a Comment
<< Home