Kerry Logistics Network Limited has 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 Association of Southeast Asian Nations (ASEAN) Economic Community, the government of Myanmar has 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 cargo in and out of Yangon and Thilawa Ports, as well as for cross-border cargo from neighbouring countries such as China and Thailand.