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Kerry Logistics To Operate Myanmar Inland Ports

[ February 3, 2016   //   ]

Kerry Logistics Network Limited announced that its subsidiary, KLN (Singapore) Pte Ltd, has been awarded concession to operate inland ports in Yangon and Mandalay — two major commercial cities in Myanmar.

In a bid to seize new opportunities for cross-border trade upon entering the ASEAN Economic Community, the government of Myanmar is committed to developing the railway transportation potential and promote mass cargo transportation in the country. The inland ports will serve as container and cargo terminals linked by railway to major routes in the country, and as hubs for the exporters, importers and domestic logistics service providers of cargoes in and out of Yangon and Thilawa Ports, as well as for cross-border cargoes from neighboring countries such as China and Thailand.

With its expertise in terminal logistics, strong foothold and experience in the ASEAN region, and commitment to the development of Myanmar, Kerry Logistics will work in close cooperation with the Ministry of Rail Transportation of Myanmar to strengthen the country’s rail transportation capabilities and expand its network both domestically and within Southeast Asia. This partnership is expected to create 400 job opportunities and facilitate industry expertise sharing in the country.

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