Yangon, Myanmar, 12 November 2017 - Damco, a global provider of freight forwarding and supply chain management service, together with Myanmar-based construction company Star Light Group, has opened a new logistics center in Yangon, Myanmar. The centre will primarily support the sourcing operations of fashion and retail customers located in the region.
The opening ceremony was presided over by the Guest of Honor, H.E Peter Lysholt Hansen – Ambassador of Denmark to Myanmar, as well as distinguished customers, business partners, senior management and staff.
The new Damco Myanmar Logistics Center will provide customers with access to a number of essential services including: inventory management, order processing, RF scanning and bar coding. It also offers value-added services such as cross-border and inland trucking.
Marco Civardi, Area Managing Director of Damco Vietnam, Cambodia and Myanmar commented, “The opening of the new Damco Myanmar Logistics Center means that we will be able to provide more comprehensive supply chain solutions.” Marco continues, “As a warehousing distribution hub, this new facility marks a significant step forward in better helping our customers to stay ahead in their respective markets.”
Located close to the emerging industrial zones, Tillawa economic zone (MITT) and city ports, the warehouse offers a total combined space of 10,000 square meters. Built to C-TPAT standards, the warehouse provides modern safety, security and fire-fighting standards making it well-positioned to support increased volumes in the region.
Samuel Conroy, Country Manager of Damco Myanmar remarked “We are proud of this major investment Damco has made in the Myanmar Logistics sector. This project has given us the opportunity to partner with local organizations and continue to grow our workforce further supporting the Myanmar economy. I would like to thank the Damco team and our partner Starlight for this fantastic achievement.”
We are experts in the field of complex, rapidly changing markets such as fashion, retail, chemical, FMCG and technology. With a presence in over 100 countries, where we employ more than 11,000 people worldwide, we combine global reach with depth of local understanding. In 2016 we reached a turnover of 2.5 billion US dollars, managed 659 thousand TEUs (twenty-foot equivalent units) of ocean freight and 190 thousand tons of air freight.