31 July 2009

UK freight forwarder invests in Sri Lanka

31st July 2009, dailymirror.lk

The UK based freight forwarding company, Cargo Overseas Limited, is pleased to announce the opening of a new branch in Colombo, called Cargo Overseas Lanka (PVT) Limited.

Cargo Overseas Limited will be the first UK freight forwarder to invest directly in Sri Lanka. In conjunction with their long established local partner, Mr Gamini Gunaratna, they anticipate that the Sri Lankan market will provide vast potential for expanion, following the end of the unrest in the country. They will offer comprehensive tailor-made logistic solutions to local Sri Lankan businesses and companies wishing to access the Sri Lankan market. Their initial service offering will comprise sea freight, air freight, insurance, warehousing and local transportation through their global “door-to-door” network.

Phillip Curran, the group Managing Director, said "This new venture aims to take advantage of the vast potential of the Sri Lankan market. On the back of our regular weekly consolidation services, this new office will enhance the overall quality of operations. We have worked closely with Gamini for many years and he has a very strong reputation in Sri Lanka. His enthusiasm and innovative thinking has already brought great success and we look forward to this continuing in the future".

Phillip went on to say "The new business will be a market leader by providing an unrivalled service to Sri Lankan importers and exporters. We hope to provide real opportunities for local businesses to get closer to their customers throughout the world"

Cargo Overseas Lanka PVT Ltd will commemce its operation in early August.

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