June 24 - Damco has opened warehouse and container freight station (CFS) facility in Myanmar.
The new 4,000 sq m facility is C-TPAT compliant and strategically located within 15 km of Yangon port and major industrial locations.
It is suitable for import and export activities for fast moving consumer goods (FMCG), consumer electronics, apparels, components, machinery and project cargo, says the company.
Since international sanctions were lifted in 2012, Myanmar has established itself as a new frontier market, with potential to become a major sourcing country and consumer market.
