TOKYO: Headquartered delivery giant Yamato Group, through its Singapore-based subsidiary Yamato Asia Pte Ltd, and domestic firm Aye International Group Co (AIG) formed joint venture Yamato Global Logistics Myanmar Co last December. Back in 2015, Yamato Asia set up a branch office in the country, which paved way for its JV.
Yamato Group told The Myanmar Times that, starting from April 1, the JV will provide logistics solutions for imports and exports between Japan and Myanmar and beyond. Yamato Myanmar will focus on freight forwarding services, overseas home relocation services, cross-border truck transport services and warehouse services. It will seek to support manufacturers producing consumer goods and industrial goods for the procurement and delivery of finished products, as well as offering relocation services for those employees. The target will be trade between Myanmar and the island country as well as within ASEAN, with an emphasis of Thai-Myanmar supply chain.