ComfortDelGro expands into construction logistics venture in China
The Straits Times|November 30, 2021
Taxi operator ComfortDelGro yesterday said it has entered into a joint venture (JV) to start a transportation business delivering concrete in China.
ComfortDelGro expands into construction logistics venture in China

Taxi operator ComfortDelGro yesterday said it has entered into a joint venture (JV) to start a transportation business delivering concrete in China.

ComfortDelGro will hold a 60 per cent stake in the JV company Guangxi ComfortDelGro Logistics, while the remaining 40 per cent will be held by Guangzhou Xinhongqiang Concrete Company.

Guangxi ComfortDelGro Logistics will have an initial start-up capital of 12 million yuan (S$2.5 million), and will purchase a fleet of up to 35 trucks by the end of next year to deliver concrete in Nanning, Guiping, and Guigang in the Guangxi Zhuang Autonomous Region in southern China.

هذه القصة مأخوذة من طبعة November 30, 2021 من The Straits Times.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة November 30, 2021 من The Straits Times.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.

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