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.
Name | Yusen Logistics (Thilawa) Co., Ltd. |
---|---|
Address | Lot No.C-14 Zone Thilawa Special Economic Zone, Yangon, Republic of the Union of Myanmar |
Total site area |
About 30,000m2
* Warehouse area (About 5,000m2) * Warehouse expansion will be considered based on demand |
Operation start | 2017 |
Credit: Yusen Logistics