China's logistics giant expands services in Southeast Asia

Source: Xinhua| 2020-07-02 20:58:36|Editor: huaxia

HANGZHOU, July 2 (Xinhua) -- BEST Inc., a leading supply chain service provider headquartered in eastern China's Zhejiang Province, announced on Thursday that it has launched logistics services in Malaysia, Cambodia, and Singapore.

The company plans to build 400 express delivery stations and 12 transshipment centers in three years in the three countries.

BEST Inc. has established logistics network in five Southeast Asian countries so far, which also include Thailand and Vietnam, and expects to enter the markets in Indonesia and the Philippines in the near future.

The transshipment centers in Kuala Lumpur and Phnom Penh will be equipped with the latest automation devices to ensure highly efficient sorting, weighing, and scanning procedures, according to the company.

BEST Inc. expects to have an increasing number of local consumers in Southeast Asian countries to experience the same convenience of fast delivery services as in China, said Zhou Shaoning, chairman and CEO of BEST Inc.

According to recent research results released by the Development & Research Center of the State Post Bureau, Southeast Asian countries have become the most popular investment destinations of Chinese logistics companies. Enditem