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Integrated Logistics Berhad (ILB)
has been awarded a licence by Dubai Aviation
Corporation Authority on 19 June 2007 to conduct
logistics, freight forwarding, warehousing and
other related value added services in the Middle
East region.
This will be the sixth markets in which ILB has
established strong presence including China,
Hong Kong, Malaysia, Philippines and Thailand.
Integrated Logistics holds 57.5 per cent in the
Middle East joint venture company, Integrated
National Logistics (INL) Limited.
The remaining equity will be held by its
counterpart, National Trading & Development
Establishment (NTDE) which is engaged in the
warehousing and distribution of fast moving
consumer goods in the United Arab Emirates, the
Gulf Cooperation Council and Iran.
The new entity, INL will be offering logistics
services in the United Arab Emirates, Qatar,
Saudi Arabia, Iraq, Jordan, Syria, Iran, Yemen,
Tunisia and Libya in the Middle East Region.
INL will be concentrating on the total logistics
solutions which encompass warehousing, third
party logistics, freight forwarding, provision
of outsourcing services to petrochemical
companies and other integrated logistics
services.
The inroad to Middle East is also in tandem with
the recent special tax incentive package for 100
per cent Tax exemption for 10 years under Income
Tax Act, 1967 for Regional 4PL Integrated
Services (reclassified as "International
Integrated Logistics") awarded by Malaysian
Industrial Development Authority to Integrated
Logistics Solutions Sdn Bhd, a wholly-owned
subsidiary of ILB, for the undertaking of
“international integrated logistics” activities.
According to the ILB official, the group has
further expansion plans in China by investing in
the Yantian Port Bonded Logistics Park in
Shenzhen to conduct warehousing and related
logistics services.
The warehousing site situated adjacent to
Yantian International Container Terminals, one
of the fastest growing ports in the world.
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