Hong Kong - Kerry Logistics Network Limited (‘Kerry Logistics’ or the ‘Company’; Stock Code 636.HK), a leading logistics service provider in Asia, 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. The awarding ceremony organised by the state-owned Myanma Railways under the auspices of the Ministry of Rail Transportation of Myanmar was held at the Sule Shangri-la Hotel, Yangon.
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 neighbouring countries such as China and Thailand. (Courtesy of ajot.com)
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