KoneSi looks to lift Myanmar’s logistic sector

Providing a way: Soe Pyae Aung (third from left) and his team connect fleet operators and small businesses to meet logistic needs. — The Nation

RETAILERS will no longer need to bother about logistics and fleet operators or worry about empty runs in Myanmar thanks to an innovative technical solution launched earlier this year, according to Soe Pyae Aung, co-founder and chief operating officer of KoneSi Freight Co.

“Logistics costs in Myanmar are among the highest in South-East Asia, accounting for nearly 25% of our GDP. So, if we are able to reduce logistics costs to a large extent, our products will be cheaper than ever, which will benefit end users,” he said in an interview.