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Aviation industry eyes more MRO revenue in Thailand

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 Insights

11-Sep-18 Thailand’s aviation industry is pushing a roadmap to raise maintenance-based income, launching a plan to push for Don Mueang International Airport as a hub for maintenance, repair and overhaul (MRO) for engines and U-tapao Airport for services. [image: Global Business Press]

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Warehouse operator GLP launches USD2 bn China logistics fund

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 Insights

11-Sep-18 GLP, Asia’s largest warehouse operator, has launched a USD2 bn China fund in partnership with Singapore sovereign wealth fund GIC, as it continues to tap into the growing demand for warehousing fuelled by a boom in e-commerce. [image: South China Morning Post]

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Dubai wealth fund ICD launches new logistics firm

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 Insights

05-Sep-18 ISS Global Forwarding has been set up by Investment Corporation of Dubai, and will invest in the Middle East, Africa, Europe and India, later expanding to Asia and China. The company will focus on freight forwarding and contract logistics. [image: Arabian Business]

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China’s investment in Cambodian infrastructure totals USD2 bn

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 Insights

24-Aug-18 Work has been completed on 2,000 kilometres of new roads, seven major bridges and a container terminal servicing the Phnom Penh Autonomous Port in Cambodia. All these initiatives have largely been backed by the Chinese Belt and Road Initiative. [image: Shutterstock_HKTDC]

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