As part of its strategic expansion in the emerging Mekong markets, CEVA Logistics has opened its office in Myanmar’s capital, Yangon.
For the last five years, CEVA has been operational in the country through a network partner, providing Freight Management services to a number of multinational and local customers. However, the company now has its own office, offering the full spectrum of air and ocean freight services with access to the CEVA network.
Myanmar presents considerable potential for growth with strong demand for both import and export services. Imports comprise mainly industrial materials for infrastructure, consumer goods and machinery, whilst exports of commodities, agricultural products and goods for the retail sector drive the outbound trade.
“Myanmar is a country with real opportunities for growth. It has a population of some 55 million people who are looking to companies like CEVA to provide supply chain services to support their developing business and meet their requirements. In the past, the country infrastructure has always been a limiting and inhibiting factor but with our global network and more importantly, our experience in emerging markets, especially in the region, we are confident that with our own office and robust IT offerings we can deliver options and solutions to the market and at the same time grow our commercial footprint”, says Bruno Plantaz, CEVA’s Managing Director Mekong cluster.