Linfox has become the first foreign logistics company to operate in Laos with the signing of a joint venture with the Lao Logistics Group in Vientiane. The JV enables Linfox to provide transport services throughout Laos in partnership with local businesses and people.
Linfox International Group’s CEO Gabby Costigan said the partnership provided Linfox with a foothold in the emerging economies of the Mekong Delta region.
“Expansion into the greater Mekong Delta countries of Laos, Myanmar, Vietnam and Cambodia is a key objective of Linfox’s business strategy,” she said.
“We see great potential in this region, not only for Linfox, but for the local communities and economies.
“The position of Laos in relation to its neighbours offers enormous potential as a land-link and location to build further trade connections internationally.
“It will also generate real income for local business and promote increased investment in the region through the provision of efficient and cost-effective logistics services.”
She said the partnership would also open up new opportunities for Laos to grow relationships with its Association of South East Asian Nations (ASEAN) trade partners.
“We believe this joint venture is a positive step towards achieving ASEAN’s regional economic integration agenda.
“This is a very special achievement and I thank the Laos Government and the Lao Logistics Group for giving Linfox this opportunity.
“We look forward to learning more about Laos, its culture and people as we grow this relationship,” said Gabby Costigan
With more than two-thirds of a growing team located in Asia, the Linfox International Group has forged a presence in key Asian markets over several decades. Today, Linfox is one of the largest international supply chain providers in the region.
Linfox shares a strong history and relationships with many iconic global and local brands in Asia, whilst adding value to new customers, markets and locations every year.
Its presence in the Asian FMCG and retail sectors is longstanding. More recently, customers in the healthcare, resources and industrial sectors are adopting Linfox’s renowned supply chain solutions.