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Business article : Asia Distribution Hub for Logistics Investors
 

Business > Asia Distribution Hub for Logistics Investors

0 Reviews [ add review ], Article rating : 0.00, 0 votes. Author : golem

Port Klang Free Zone (PKFZ), Asia distribution hub, is less than 40 minutes away by road from Kuala Lumpur International Airport (KLIA).@ @Spanning 1000 acres across Pulau Indah situated in the straits of Malacca, the world’s busiest straits with direct access to PKFZ’s Westport and Northport. For logistics activities, this Asia distribution hub offers integrated industrial and commercial parks, meaning manufacturing, logistics and industrial activities are done at the same area, adjacent to each other. This integrated solution benefits logistics investors much on transportation, communication and transshipment procedures by easing traffic congestion, reducing transportation costs up to 70%, increasing production capabilities and enabling excellent connectivity between industrial and commercial activities.@ @Manufacturing costs relief is also part of the wide range of benefits – With

almost no taxes at all for imported/exported goods and services. Noel Gulliver, the Managing Director of Asia’s distribution hub, PKFZ, says investors are now allowed to build their own facility or lease pre-built facilities, and better yet, its 100% foreign ownership under certain circumstances.@ @Gulliver adds, “Foreign ownership is available up to 100% under certain conditions, and investors can apply directly to MIDA (Malaysian Industrial Development Authority) for Pioneer status, which includes a 10-year tax free holiday.”@ @Among Asia distribution hub trades and targeting industries are:@ @Machinery industries@ @Transport sectors@ @Petrochemical industries@ @Pharmaceuticals sectors@ @Rubber manufacturing and industries@ @Automotive industries@ @Metal products manufacturing@ @Textiles sector@ @Medical sector@ @Wood base products manufacturing@ @Halal food plants@ @Palm oil sectors@ @Oil and Mechanical industries@ @Gas sectors

0 Reviews [ add review ], Article rating : 0.00, 0 votes. Author : golem
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