Home MMBIZ News Unithai Ventures into Myanmar With New Shipping Services

Unithai Ventures into Myanmar With New Shipping Services

Thailand-based shipyard and logsitics group Unithai has expanded its operation to Myanmar with a new joint venture established with Chin Corp Myanmar, the company said.

The new joint venture, Unithai Chin Corp Logistics (Myanmar) Ltd or Unichin, will provide an entire range of shipping and freight-forwarding services in Myanmar.

“This venture will enable Unithai and Chin Corp to strengthen their cooperation and collaboration to share experience, expertise and networks to develop shipping and logistics solutions, in response to Myanmar’s rapid growth in economic and industrialisation,” said Arthit Pathumsuwan, Unithai group managing director.

“The benefits and opportunities to be gained will enhance the further growth of Unichin in shipping and related business activities in this region,” he added.

Michael Chin, chairman of Chin Corp Myanmar, said: “The broad expertise of Unithai in shipping and logistics will contribute to the success, mutual benefits and achievements of our ultimate goals.”

Earlier in 2008, Unithai Group expanded its logistics operation in Southeast Asia through a JV with Tan Cang-Song Than ICD Ltd, Transport and Chartering Cooperation and Viet Business, and Maruzen Showa Unyu to establish Unithai Logistics at ICD Song Than in Ho Chi Minh City.

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