Japan’s Ryobi invested $ 20 million in logistic services in Myanmar

Ryobi Holdings, a Japanese company with a long history of more than 100 years of experience, finds that Myanmar's new, highly-open market has invested $ 20 million in logistics services at the Special Economic Zone Thilawa, Yangon.

The project will provide warehousing, inventory management, packaging and processing, forwarding, customs clearance, inland transport, cold chain logistics services.

The Japanese project operates under the management of Ryobi Myanmar Distribution Services Co Ltd with a total investment of about 50,000m2.

Ryobi Holdings in 2014 also invested $ 7 million in a warehouse project in Vietnam.

These are solid steps and confidence in Ryobi's Southeast Asian market.