Token Communities Ltd. (TKCM)

The Very First Asia-Pacific OZ Industrial Park in the U.S. is Opening Soon

Token Communities is entering the Industrial Park real Estate Market in TX HOUSTON, TEXAS / ACCESSWIRE / December 10, 2024 / ASC Global Inc. as a wholly-owned subsidiary of Token Communities (OTC PINK:TKCM) has executed a Letter of Intent on December 6th, 2024 to acquire 749 acres of development site for the very first Asia-Pacific OZ Industrial Park in Texas and the U.S. As the U.S. has been strengthening up on increasing the importing tariff of products coming in to the U.S. market from China, Thailand, Malaysia, Vietnam and Cambodia, therefore many manufacturers in Asia have started to set up production facilities in the U.S. to avoid the expensive import tax and special tariff. As of 2023, the trade deficit between China and the U.S. is over 235 billion dollars, and the trade deficit with ASEAN countries has exceeded 200 billion dollars, said Olivia Wen who is a partner of Morgan Capital and the Spoke person of this Asia-Pacific OZ Industrial Park project.