Kerry sets up JV in Indonesia

[ January 16, 2015   //   ]

Kerry Logistics has set up an Indonesian joint venture with the shareholders of one of the country’s largest logistics companies PT Puninar Saranaraya. The new venture, Kerry-Puninar Logistics, will combine Kerry Logistics’ global logistics expertise and international freight forwarding network with Puninar Logistics’ local capabilities and connections. Kerry Logistics chairman, George Yeo, said: “As an archipelago, Indonesia has high demand for quality inter-island logistics services, which translates into immense growth opportunities. By enabling customers to optimise their supply chains with our integrated logistics services and highly customised solutions, we believe we are well-positioned to capture opportunities in the rapidly growing Indonesian logistics market.”