YTO International Acquires Two Land Parcels in Kazakhstan for Logistics Expansion
Reuters
Sep 03
YTO International Acquires Two Land Parcels in Kazakhstan for Logistics Expansion
YTO International Express and Supply Chain Technology Ltd. announced a discloseable transaction involving the acquisition of two land parcels in Kazakhstan. This move is part of the company's strategy to expand its global logistics network, establishing a headquarters hub in Central Asia and an industrial park that integrates logistics, production, processing, manufacturing, and trading services for Chinese enterprises. The acquisition aims to support multinational companies with comprehensive logistics services, including cargo collection, dispatch, warehousing, customs clearance, and transshipment.
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