Shenzhen International Holdings recently signed an agreement on establishing a JV to operate Kanghuai logistics port in Longhua New Are, Shenzhen. The project, covers a land area of 38,000 square meters and with total building area of about 143,000 square meters, plans to build itself into a multi-functional modern urban logistics port consisting of a nationwide allocation center, an urban delivery center, an ecommerce service base, logistics allocation business supplementary, trading & exhibition center and warehousing. Guanmao Group will take charge of the construction and the project is expected to start operation in mid 2017.