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FINANCIAL NEWS
Dubai’s EZW to build facility in California
06 Sep 2010
(MENAFN) Dubai-based Economic Zones World said that it will construct a multi-purpose training facility in its US-based, 1,324-acre logistics and distribution hub, Jafza Magna Park located in Santee, South Carolina, Reuters reported.
The 20,000 square feet multi-use facility, the first project in the park, will consist of shared office facilities, training labs and general warehouse space known as Leased Industrial Units.
Economic Zones World acquired over 1,300 acres just outside of the town limits of Santee in Orangeburg County in the fall of 2007. Since then Jafza has pursued and received all the necessary regulatory requirements to begin development including site certification from the South Carolina Department of Commerce.
The initial land development will be done in three immediate phases which include the construction of the mixed-use training facility and the development of 42 and 76 acres of plots respectively.
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Bank of Bahrain and Kuwait BSC announces the transfer of HSBC Middle East, Bahrain Retail Business to BBK.
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