A new logistics centre has opened in Myanmar, bringing together Damco a global provider of freight forwarding, chain management services and Myanmar-based construction company Star Light Group. The Guest of Honour at the opening ceremony was H.E Peter Lysholt Hansen, The Ambassador of Denmark to Myanmar.
The new facility is close to the emerging industrial zones, Thilawa economic zone (MITT) and city ports with a total space of 10,000 square meters and is built to C-TPAT standards. (Myanmar International Terminals Thilawa is a deep river port 25 kilometres south of Yangon in Myanmar, and can operate 24 hours a day, seven days a week).
Damco opened the first international standard warehouse and Container Freight Station (CFS) facility in June 2014. Damco has continued to invest in state-of-the-art Warehouse Management Systems.
Star Light Group was founded in March 1993 and operates in property management, construction, trading, hospitality, healthcare, and educational institutions.
The new location provides access to a number of services including, inventory management, order processing, RF scanning and bar coding. Also available are value-added services such as cross-border and inland trucking. But most important, and perhaps many will have noticed the importance of the Denmark connection, as Damco is part of A.P. Moller – Maersk, an integrated transport and logistics company with multiple brands and a global leader in container shipping and ports. They have 33,000 employees, 630 vessels and 306 offices in 114 countries. You have probably seen the Maersk name on containers, ships or other hardware. This really places Myanmar on the trading map, yet again.
At the opening event Samuel Conroy, Country Manager of Damco Myanmar said “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. “
Marco Civardi, Area Managing Director of Damco Vietnam, Cambodia and Myanmar confirmed “The opening of the new Damco Myanmar Logistics Center means that we will be able to provide more comprehensive supply chain solutions…..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.”
Damco has a presence in over 100 countries, employing over 11,000 people and reported in 2016 a turnover of 2.5 billion US dollars, and managed 659 thousand TEUs (twenty-foot equivalent units) of ocean freight and 190 thousand tons of air freight.
Like Damco, FocusCore opened facilities in Myanmar in 2014, having also identified the positive economic growth forecasts for Myanmar. We are here to help you start trading rapidly in Myanmar and assist with the incorporation of your company, helping you with all the steps required to obtain work permits and visas and, ongoing, offer a wide range of corporate support services.
