Unithai Expands Shipping Services in Myanmar
Unithai has signed a joint venture agreement with Chin Corp Myanmar to establish Unithai Chin Corp Logistics (Myanmar) Limited, a joint-venture company that will operate as UNICHIN, providing an entire range of shipping and freight-forwarding services in Myanmar.
Chin Corp is a Myanmar-based conglomerate that has strong partnership with major international firms in Myanmar. Its partnerships and ventures have enabled Chin Corp to expand into diverse businesses.
“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 industrialization,” said Khun 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.”
“The broad expertise of Unithai in shipping and logistics will contribute to the success, mutual benefits and achievements of our ultimate goals,” added Michael Chin, Chairman of Chin Corp Myanmar.
This JV marks another significant milestone for the Unithai Group in shipping and logistics, since the company expanded its logistics operation into Vietnam in 2008, in 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.