November 02, 2016
TOKYO – MOL Logistics (Japan) Co., Ltd., (President: Tetsuya Minato) today announced that on October 25, it held an opening ceremony for its new subsidiary in Myanmar, MOL Logistics (Myanmar) Co., Ltd., at Chatrium Hotel Royal Lake Yangon in Myanmar.
On hand for the ceremony were about 100 guests including customers, contractors, business partners, and government officials from Japan and Myanmar, including Ichiro Maruyama, Minister-Counselor of the Embassy of Japan in Myanmar, U.H.E. Mya Thaung, Minister-Yangon Region Government, Planning & Finance, and Masaharu Nakagawa, Vice Chairman of the Japan Chamber of Commerce and Industry, Myanmar (JCCM).
MOL Logistics (Japan) President Minato expressed his aspirations for the new company, saying, “We will develop business as your logistics partner, maintain networks and close relationships with the U.S., Europe, and Asian nations, and hope to contribute to the growth of international logistics in Myanmar, where democratic and economic reforms are accelerating.”
MOL Logistics (Japan) received words of praise from JCCM Vice Chairman Nakagawa, who said, “We are deliriously happy that MOL Logistics (Myanmar) has started operation in a milestone year after elections last year and removal of U.S. economic sanctions earlier this month. I hope it will leap even farther ahead and contribute to the growth of Myanmar, where the importance of logistics is growing every day.”
MOL Logistics (Myanmar) started operation in May of this year as a joint company with Ever Flow River Forwarding & General Services Co., Ltd. (EFR)
MOL Logistics meets a wide variety of customers’ logistics needs with logistics know-how accumulated through its global networks and its partnership with EFR, as well as concerted efforts by cooperation with MOL Group companies under the flag of “One MOL.”
MOL Logistics (Japan) President Minato welcomes guests to the opening ceremony.
MOL Logistics (Myanmar) staff members deliver a greeting on the stage.
[Reference] Corporate Profile
| Name | MOL Logistics (Myanmar) Co., Ltd. |
|---|---|
| Paid-in capital | US$150,000 |
| Representatives | Chairman: Masami Yamamoto (part-time) Director: Hiroaki Hama |
| Establishment | March 24, 2016 |
| Start of operation | May 2, 2016 |
| Business | Air and ocean forwarding, customs clearance, logistics, other associated businesses |
| Address / TEL | No.62, Mahabandoola Housing, Complex (B), Room No.1103, 11th Floor Tawataintha Street, Pazundaung Township, Yangon, Myanmar TEL: +95-1-200150 |