SC Global Inc., a wholly-owned subsidiary of Token Communities (OTC PINK: TKCM), has announced the acquisition of a 749-acre development site in Texas to establish the first Asia-Pacific Opportunity Zone (OZ) Industrial Park in the United States.
This strategic move comes as many Asian manufacturers seek to diversify their supply chains and mitigate the impact of rising import tariffs imposed by the U.S. government. The new industrial park, located in an Opportunity Zone along Interstate 10 near Houston, offers a prime location with convenient access to major ports and airports.
The park is envisioned as a mixed-use development, encompassing industrial, office, expo, logistics, residential, and commercial zones. It aims to accommodate a diverse range of businesses, including manufacturing, logistics, and technology companies.
SC Global has already received significant interest from Chinese companies looking to establish manufacturing facilities in the U.S. The company plans to develop the park in phases, with a focus on attracting businesses that can benefit from the tax advantages and incentives offered by Opportunity Zones.
By creating a thriving industrial hub, SC Global aims to generate substantial economic activity, create jobs, and contribute to the local economy. The company’s strategic partnership with Morgan Capital and American Software Capital will further enhance the project’s potential for growth and success.