Berlin/Essen/Vientiane, July 9, 2013 – DB Schenker has established its own legal entity in Laos and will now operate under the name of Schenker (Lao) Sole Co., Ltd., to better serve its customers across the region.
Although present in the country since 2001 as a representative office of Schenker (Thai) Ltd., the process of establishing a legal entity manifests DB Schenker’s strong commitment to its customers in Laos. The fully-owned company would enable DB Schenker to expand its service offerings and operational capabilities, while being more competitively priced.
In the first phase of its planned investments in Laos, DB Schenker has invested in establishing a 3,000 square meter Logistics facility in Vientiane, the capital of Laos. The distribution centre would look to service customers across key industries such as telecommunications, consumer goods and garments. DB Schenker is also putting in place a comprehensive human resource development program to increase the knowledge and capabilities of its logistics professionals locally.
On the occasion of the signing agreement, Victor Lim, DB Schenker’s Managing Director for Thailand, Myanmar and Laos mentioned – “This is an important milestone in our rich history in the Indochina region. This step is to enable our customers to take the full advantage of the upcoming ASEAN Economic Community regulations and be competitive in the region.”
On the impact to DB Schenker’s international land transportation services in Asia, the Landbridge service, Lim added, “With Laos holding a key geographical position and sharing its borders with some of the most important economies in the region, it is imperative that we grow our international trucking services to let our customers have the choice of using the most cost effective mode of transport for their goods.”
Jochen Thewes, CEO of DB Schenker in Asia Pacific commented, “Being the pioneer International Logistics provider to set up a branch office in Myanmar and now a wholly-owned operating company in Laos, and with the strong heritage and footprint in operating in these emerging markets, customers will benefit from the comprehensive expertise and established Indochina network to strengthen their Asia Pacific business strategies.”
SOURCE: Submitted by DB Schenker