Yusen Logistics : to Construct a Facility in Myanmar’s Thilawa Special Economic...

Yusen Logistics Co., Ltd. will establish Yusen Logistics (Thilawa) Co., Ltd. in Thilawa, Myanmar's Special Economic Zone (SEZ), and construct a 5,000-square-meter logistics facility. This is the company's first in-house facility in Myanmar.

The Thilawa SEZ, a major industrial complex, is Myanmar's first special economic zone. It is strategically located adjacent to Port Thilawa, which is 20 kilometers southeast of Yangon, a main gateway to international markets. More than 50 companies have opened sites in the complex, which is expected to become a production and sales hub for a variety of industries, including retail, automotive, electronics and food.

With the new facility, Yusen Logistics Thilawa will increase its presence in the region and meet the growing logistics demand, including inventory management, distribution processing and inspection. The company is also planning to provide high value-added services to meet the needs of customers in various industries, such as temperature-controlled storage and bonded warehouse services.

The Group's Medium-Term Business Plan, 'GO FORWARD, Yusen Logistics-Next Challenges,' positions the ASEAN region as a critical region. The Myanmar subsidiary, which began operations in 2014, has offered diverse logistics services, including ocean and air freight forwarding, customs clearance, domestic delivery, factory equipment transportation, and cross border transportation. By combining its diverse range of services with the functions provided by this new facility, the Group will meet the logistics needs of customers in Myanmar.

General information＞

Yusen Logistics Co. Ltd. issued this content on 28 April 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 28 April 2016 00:50:29 UTC

Original Document: http://www.yusen-logistics.com/en/resources/press-and-media/10073