South Carolina Ping
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Posted on 09/30/2007 6:55:08 PM PDT by Lorianne
A Dubai company expects to complete the purchase of 1,300 acres in Orangeburg County in the next several weeks that it hopes to use for a complex of warehouses that could employ 8,000 or more people, a company adviser said Wednesday.
The complex along I-95 would tie loads of cargo arriving and departing from the ports of Charleston and Savannah with customers across the Southeast. The $600 million project would be built by Jafza International, a subsidiary of Dubai World, which is owned by the royal family of Dubai in the Persian Gulf.
Buying the land could be completed as early as next month, said the adviser, who spoke to The State on condition of not being named. All of it will come from land that had been under option by CaroLinks, a Charleston investment group that had planned to build a logistics complex at the site.
“We’re starting the process of buying CaroLinks’ options and interests, so ultimately we will own the land,” the Jafza adviser said.
U.S. Rep. Jim Clyburn, a Democrat who represents most of Orangeburg County, told The Associated Press that based on discussions with local officials, a deal is not done, but “I understand some land closings have taken place in the last couple of days.”
Kara Borie, a spokeswoman for the state Commerce Department, told AP her agency has had talks with Jafza, but referred all comments about any potential investment to the company.
Jafza has said the complex would directly employ 8,000 to 10,000 people after several years, but has not defined how it is counting jobs or how long it would take to reach such a number.
A project that size would dwarf other employers. Orangeburg County’s largest employer is Husqvarna, a 1,900-employee riding lawn mower factory in Orangeburg.
The site is at I-95 and U.S. 301, which allows immediate access to I-95, a major north-south artery, while putting it within a few miles of interstates 26 and 20 to reach destinations farther west.
Orangeburg County has long been trying to entice more industry and distributors. In the past few years, it has concentrated its efforts on improving land at the junctions of I-95, I-26 and U.S. 301 — what it calls its Global Logistics Triangle. Improvements have included the expansion of water and sewer lines to industrial parks there and seeking funding for highway improvements.
Orangeburg County has long had one of the state’s highest jobless rates — 9.1 percent in August — and incomes below average for the state.
Gregg Robinson, executive director of the Orangeburg County Economic Development Commission, wants to change that, and said attracting more industry will be the first step. “By building the industrial base, you build payroll.”
That will mean residents earning more and driving less. More than 6,000 residents drive out of the county every day to their jobs, many working in Columbia or Charleston.
“It gives them an ability to be closer to their families,” he said. “If Mom or Dad is 45 minutes away at work, it’s hard for them to deal with their children.”
Gosh, more Americans beholden to the government of Dubai.
Now that their loyalties lie with a foreign government, we can expect a further degradation of the electorate toward internationalist agendas and an ensuing loss of sovereignty.
Ping.
The Dems are to blame. Afterall, they are in control.
Now that their loyalties lie with a foreign government, we can expect a further degradation of the electorate toward internationalist agendas and an ensuing loss of sovereignty
Note how many on this board love Toyota when they build a factory in the U.S. Wake up and smell the coffee, this has been going on for awhile now.
Yes, it is.
The Dems were in control then, too.
How long...before the KKK starts wearing Arabian headdresses? Will they wear the headdresses backward, with eye-holes cut into them?
Is Toyota owned by the Japanese government?
South Carolina Ping
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Okay, here’s another example: the boatloads of products coming in from China to Wal-Mart.
You’re aware that the Chicoms own 50% of every company doing business in China? It’s in the Chinese constitution, you know. And Walmart, as well as Mattel operations can be taken over by the communist chinese government whenever they see fit? You do know that don’t you?
You must also be aware there are a number of US Congress and federal government who have investments in China or Saudi Arabia who are taking chinese/Saudi money for their re-election campaigns?
You’re aware that the Chicoms own 50% of every company doing business in China? It’s in the Chinese constitution, you know. And Walmart, as well as Mattel operations can be taken over by the communist chinese government whenever they see fit?
I don’t believe that’s true. If it is, then Wal-Mart, Mattel etc. have set up subsidiaries to do business in China.
Get a life, or inflatable doll, or whatever. Just don’t keep coming back here.
Instead of calling it an inland port, they call it a “logistics complex”.
CONSTITUTION OF THE PEOPLE’S REPUBLIC OF CHINA
(Adopted on December 4, 1982)
Article 6. The basis of the socialist economic system of the People’s Republic of China is socialist public ownership of the means of production, namely, ownership by the whole people and collective ownership by the working people. The system of socialist public ownership supersedes the system of exploitation of man by man; it applies the principle of ‘from each according to his ability, to each according to his work.
Article 7. The state economy is the sector of socialist economy under ownership by the whole people; it is the leading force in the national economy. The state ensures the consolidation and growth of the state economy.
I just did some checking, Wal-Mart seems to own numerous subsidiaries in China. So, the Chinese own the subsidiaries, not the parent companies.
About a month ago, Naitonal Geographic cable channel ran a special on Dubai that stated their oil will be gone within the next 10 years. As a result, they are building a spectacular island increasing their shoreline banking on an increase in tourism.
They will need the additional income to compensate for the lost oil revenue; therefore, they hate terrorist attacks anywhere - bad for business.
Also, I read an article that stated that the Bush Administration was counting on Dubai receiving the port deal since they had a secret agreement to do some covert security on shipments coming through their domain.
Based on the facts I have been acquiring, I believe Dubai is an ally ( probably due to necessity, but what the he—!)
Like Mattel, Walmart has given everything to China. All they own now is a name.
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