ID :
28917
Fri, 11/07/2008 - 15:20
Auther :
Shortlink :
https://oananews.org//node/28917
The shortlink copeid
MERGER OF SERVICE PROVIDERS CAN BOOST MALAYSIA'S POSITION AS LOGISTICS HUB
KUALA LUMPUR, Nov 7 (Bernama) -- The merger or formation of alliances among service providers will further strengthen Malaysia's position as a logistics hub, Deputy Prime Minister Najib Razak said Thursday.
He said the moves would allow the build-up of integrated services to take
advantage of outsourcing activities by both multinationals and local companies.
Najib, who is also Finance Minister, said Malaysia was ready and willing to
listen and accommodate all parties having interests in playing a role towards
further nurturing the country's aspirations of becoming a regional logistics
hub.
"Towards this end, other measures will be taken (to enhance Malaysia's
position) including capacity enhancement to handle more transhipment cargo,
provide bulk-breaking and introducing other value-added services to the
logistics chain," he said in his address at the Air Cargo Forum 2008 dinner here
Thursday.
Najib said Malaysia has logistics service providers who were capable of
engaging in supply chain management directly with their clients locally and
globally.
"These providers can provide services such as capacity planning and
forecasting, port hubs, air cargo, warehouses and distribution centres," he
said.
He said the overarching consideration of any business was cost and Malaysia
was able to provide these services at very competitive rates.
"This is important now more than ever, as it gives logistics players
breathing room in maintaining and growing their business amid an uncertain
economic environment," he said.
Najib said Malaysia has been putting in place the building blocks for an
integrated logistics hub and could justifiably be pleased with its achievement.
"In 1990, 105 million tonnes of cargo were handled by major ports, airports
and rail and only 15 years later, we were handling more than double the tonnage,
amounting to 260 million tonnes.
"God willing, we will be able to continue this positive trajectory and show
significant growth in the years to come," he said.
On the forum, he said it was a timely opportunity for the aviation and
logistics fraternity to come together and examine problems currently faced by
the industry, against the backdrop of a series of global problems, including
off late the global financial crisis.
He said the latest figures released by the International Air Transport
Association were not encouraging.
"Air freight has declined for the last three months, led by Asia-Pacific
carriers that posted a 6.5 percent decline in July and a 6.8 percent decline in
August," he said.
He said the moves would allow the build-up of integrated services to take
advantage of outsourcing activities by both multinationals and local companies.
Najib, who is also Finance Minister, said Malaysia was ready and willing to
listen and accommodate all parties having interests in playing a role towards
further nurturing the country's aspirations of becoming a regional logistics
hub.
"Towards this end, other measures will be taken (to enhance Malaysia's
position) including capacity enhancement to handle more transhipment cargo,
provide bulk-breaking and introducing other value-added services to the
logistics chain," he said in his address at the Air Cargo Forum 2008 dinner here
Thursday.
Najib said Malaysia has logistics service providers who were capable of
engaging in supply chain management directly with their clients locally and
globally.
"These providers can provide services such as capacity planning and
forecasting, port hubs, air cargo, warehouses and distribution centres," he
said.
He said the overarching consideration of any business was cost and Malaysia
was able to provide these services at very competitive rates.
"This is important now more than ever, as it gives logistics players
breathing room in maintaining and growing their business amid an uncertain
economic environment," he said.
Najib said Malaysia has been putting in place the building blocks for an
integrated logistics hub and could justifiably be pleased with its achievement.
"In 1990, 105 million tonnes of cargo were handled by major ports, airports
and rail and only 15 years later, we were handling more than double the tonnage,
amounting to 260 million tonnes.
"God willing, we will be able to continue this positive trajectory and show
significant growth in the years to come," he said.
On the forum, he said it was a timely opportunity for the aviation and
logistics fraternity to come together and examine problems currently faced by
the industry, against the backdrop of a series of global problems, including
off late the global financial crisis.
He said the latest figures released by the International Air Transport
Association were not encouraging.
"Air freight has declined for the last three months, led by Asia-Pacific
carriers that posted a 6.5 percent decline in July and a 6.8 percent decline in
August," he said.
