Promoting integrated logistics operations and efficiency in the CIS region
Leading e-commerce fulfillment business and expanding services
Lotte Global Logistics announced on the 25th that it has unveiled a joint vision of becoming a "Central Asia logistics leader" together with Shinlain Group, a Kazakhstani ice cream manufacturer.
At the joint vision announcement ceremony held in Almaty, Kazakhstan, on the 24th (local time), Kang Byunggu, CEO of Lotte Global Logistics (right in photo), and Shin Andrei, chairman of Shinlain Group, are posing for a commemorative photo. Lotte Global Logistics
The vision declaration ceremony was held the previous day at Shinlain Group's headquarters in Almaty, Kazakhstan, with Kang Byunggu, CEO of Lotte Global Logistics, and Andrei Shin, chairman of Shinlain Group, in attendance. This is a follow-up measure to the logistics cooperation enhancement business agreement signed by the two companies in September last year.
The two companies announced a joint vision of becoming "the smartest route to Central Asia" by strengthening their partnership and combining their expertise. They plan to promote integrated logistics operations not only within Central Asia but also for transportation between Central Asia and Korea, thereby achieving logistics efficiency and optimization. This logistics synergy is expected to help secure competitiveness in the local food and convenience store distribution markets.
In addition, leveraging their fulfillment capabilities, the two companies plan to take the lead in the local e-commerce business and expand high value-added services. Through this, they intend to focus on capturing logistics demand from local food and distribution companies.
CEO Kang said, "The partnership between our two companies will be a key driving force in reshaping the logistics markets of Korea and the CIS region," adding, "We will further strengthen our market competitiveness by achieving this vision."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
