Pos Malaysia, Lazada plan RM60m e-commerce regional distribution centre


Pos Malaysia to help deliver stronger earnings for DRB-Hicom

KUALA LUMPUR: Pos Malaysia Bhd and Lazada (M) Sdn Bhd have signed a memorandum of collaboration to set up a RM60 million e-Commerce Regional Distribution Centre in Sepang.

Pos Malaysia Group Chief Executive Officer Datuk Mohd Shukrie Mohd Salleh said the the distribution centre, to be located at the former low-cost carrier terminal in Sepang would provide value-added services such as air-sea-land transportation solutions, international transhipment, postal and courier services and warehousing facilities, among others.

"The distribution centre would be able to handle 182,000 tonnes of items, annually. Next year, we target to have 34 million items followed by 64 million items in 2019," he told reporters after the signing of the collaboration here.
 
The hub was expected to benefit both international and local e-commerce players and customers in 30 countries in the Asia-Pacific. - Bernama

 

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Batu Kawan net profit eases to RM84.72mil in 2Q
Opensys to cultivate new revenue streams alongside core biz expansions
SunCon secures RM1.72bil in new orders for 1Q24
Magma executive chairman Ismail Abdullah retires
Ringgit appreciates vs US dollar at the close
KLK 2Q net profit declines to RM117.07mil
Teladan to launch projects with RM1.2bil GDV
Bursa Malaysia to close for Wesak Day
Hong Leong Bank to fully subscribe to RM350mil Asean Green Bond to finance green warehousing
Coastal Contracts secures vessel sale and 5-year charter extension

Others Also Read