Global Collaboration: the Future Market…

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August 19, 2010
As the year moves ever rapidly onward, activities are already underway for the WUWM events planned in 2011. Secretary General, Maria Cavit. recently met with colleagues from Shenzhen Agricultural Products Co, Ltd (SZAP) to help prepare the initial stages of the WUWM Conference to be held in Shenzhen, China from 18-21 October 2011.

The theme of this event will be “Global Collaboration: the Future Market…” reflecting the many opportunities and gains to be made from ensuring effective collaboration between wholesale markets and their traders around the world.

Established in 1989, SZAP manages 21 agricultural wholesale and on-line trading markets in 19 major cities of China. With 10 more markets now being constructed, SZAP markets constitute one of the major product distribution chains in the country, serving a population of more than 80 million. In 2009 SZAP market turnover reached RMB 91.1 billion (22.25 million tonnes).

The company has now begun building the Shenzhen Hyperion International Logistics Park, a new SZAP market which aims in 2011 to replace the current Buji Market, built in 1989 when the population of the city was only some 3 million. The city of Shenzhen has subsequently grown to reach some 15 million inhabitants, necessitating a new and more modern market. Phase 1 of the project covers an area of 300,000m2 with a total construction area of 400,000m2, including split-level trading zones for vegetables, fruit, frozen foods, dry goods and tea.

A SZAP presentation on the company and current plans for this WUWM Conference will be made in Palma during the WUWM Membership Meeting. More information on this and other 2011 WUWM events will be published in this newsletter in the months to come.