Asean Logistics Industry Opens Up an Alternate Path to Global Logistics Connectivity

Asean Logistics Industry Opens Up an Alternate Path to Global Logistics Connectivity

A report from the China – Asean Business Dialogue on New International Land-Sea Trade Corridor, Singapore May 13, 2019.

Advertorial Desk

In September 2018, the Asean Federation of Forwarders Associations (AFFA). China Federation of Logistics & Purchasing (CFLP) and China International Chamber of Commerce (CCOIC Guangxi Chamber), China – Singapore Nanning International Logistics Park (CSILP), signed an MOU for the formation of “China-Asean Multimodal Transportation Alliance” (hereinafter referred to as “Alliance”) during 15th China Asean Business Investment Summit (CABIS).

Guangxi, as the main gateway of the “Belt and Road Initiative” and  the New Land-Sea Corridor in the Western China connecting the Asean countries, which promotes regional economy development with a multimodal transportation system.

The Alliance will strengthen the multilateral trade in logistics & supply chain, which opens a new chapter of China – Asean multimodal transportation cooperation and contributes significantly to the “Belt and Road Initiative” and the New Land – Sea Corridor.

The Alliance will play an important role as a platform to deepen mutually beneficial cooperation between China and Asean countries and enable sharing of resource in the regions. In order to accelerate the preparatory work for setting up of the Alliance. AFFA Chairman, Mr Yukki Nugrahawan Hanafi is confident that the alliance will act as a platform for business and investment cooperation, where AFFA members can establish contacts and explore business opportunities, moreover can enjoy relevant incentive schemes provided by China Goverment, in this case Guangxi Zhuang Autonomous Region and Nanning City Goverment.

AFFA has agreed to open up a representatives office in Guangxi as supporting services such as administration and consultation for its business application for registration of companies for its members, it’s a strategic and historical moment between the two regions, Yukki closed his statement over the short interview during China – Asean Business Dialogue on New International Land – Sea Trade Corridor at Mandarin Orchard Hotel Singapore on May 13, 2019.

Lao International Freight Forwarders Association (LIFFA) was invited to this forum representing private logistics sector in the Lao PDR. LIFFA’s President Mr Prachith Sayavong representing the association at the MOU signing with CSILP and Guangxi Province Authority on Multimodal Transportation Alliance. LIFFA participation over China’s “Belt and Road Initiative (BRI)” in New Land – Sea Corridor, especially Nanning is marking an important steps for national logistics players to have alternate connections of multimodal transportation through hubs in the Eastern region of China. We believe there are tremendous business opportunity between China and the Lao PDR, therefore we shall continue tagging along with the BRI, Mr Sayavong added to  his comment.

LIFFA was established under Lao multimodal transport law and will play leading role in realizing the “land linked country” strategy promoted by the Lao government, through the implementation of multimdal transport. The operation is now made possible by the recent development of the rail linkage and the establishment of Dry Ports in major economic corridors, which will be serving as legitimate origins and destinations in international transport.

LIFFA was among invitees from ten Asean countries whom representing logistics sector and recognised as multimodal transport operator in the region.

Share this Post: