Yet another freight forwarding and supply chain group has opened up its own office in Yangon as Panalpina strengthens its ties in a country which it has traditionally traded via native agencies handyshippingguide.com reported on 9 September.
Panalpina’s new office officially took up operations in mid-August. Panalpina’s team on site is able to handle end-to-end ocean and air freight shipments, both imports and exports, for local and international customers.
Panalpina is pinning much of its hopes on the development of the port of Dawei, a scheme which has been beset by problems for years. Panalpina sees the Dawei project as an attractive multimodal trade corridor between South East Asia and India with links to Thailand, Laos, Cambodia and Vietnam, but admits there is a ‘huge demand’ for upgrading infrastructure the article said.