Singapore Myanmar Investco Limited - Annual Report 2016 - page 9

INFRASTRUCTURE (LOGISTICS)
Joint venture agreement signed
In December 2015, SMI has signed a joint venture with Senko, a major logistics group listed on
the Japanese Stock Exchange, to provide logistics and warehousing services
The joint venture will construct its first warehouse (approximately 3,400 square meters) in Yangon
by September 2016
The warehouse will offer state-of-the-art (Japanese technology) cold and cool storage facilities
Future development is expected to include at least 3 warehouses over the next 2 years
A national logistics / supply chain capability is the final goal
singapore MYANMAR INVESTCO limited | Annual Report 2016
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