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Malca-Amit Opens China's Largest Private Vault

Nov 17, 2013 4:30 AM   By Malca-Amit
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Press Release: Malca-Amit is proud to announce the opening of China's largest privately owned state-of-the-art secured storage facilities at the Shanghai Waigaoqiao free trade zone (FTZ).

The facilities feature five vaults that are designed to the highest international standards and capable of storing up to 2,000 metric tons of precious metals, fine arts and rarities and diamonds and jewelry, enabling companies, financial institutions and private individuals to import precious assets into China, storing them securely and efficiently while enjoying a 100 percent duty-free exemption. The ground-breaking vaults feature cutting-edge technology, together with a team of highly skilled controllers, ensuring optimal security and efficiency throughout the premises 24 by 7.

Commodities can be imported and exported into the facility tax free, enabling international and local entities to trade in a cost efficient and time conscious environment. Malca-Amit's Shanghai FTZ operations provide flexible and full service logistical support for the importation process of any sold items, returns of any un-sold items to overseas, as well as secure storage for precious assets without a time limit.

The facilities also provide a 340 square meter secure display hall that hosts private events and showings, along with meeting rooms and inspection lounges enabling clients to use the Malca-Amit facilities as their trading hub into China.

About Malca-Amit
Since 1963, Malca-Amit’s expert knowledge, integrated solution technology and ground-breaking capabilities have enabled its clients to achieve maximum efficiency when dealing with the movement of their precious assets. With offices in over 30 countries, the company’s team of logistics, security, custom brokers and special operations experts are on hand around the clock to ensure a smooth, expedient and professional service tailor-made to exacting demands. From secured door-to-door delivery, bonded warehousing, customs brokerage service, guarding and more, Malca-Amit provides the breadth of service for all those dealing in precious commodities.

Rapaport News is not responsible for, and does not endorse, the content of any third-party press release. This is not a Rapaport Press Release. It has been provided as additional information for our clients.
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