At the 53rd Paris Air Show in Le Bourget, Bolloré Logistics signed a Memorandum of Understanding (MoU) with Boustead Projects Limited, a leading industrial real estate solutions provider listed on the SGX Mainboard. Through this agreement, Boustead Projects and Bolloré Logistics aim to jointly develop the aeronautics sector in Malaysia’s Kuala Lumpur region by capitalizing on existing synergies.
Boustead Projects is jointly developing an aerospace and high-tech park within the Subang Aerotech Park located in Subang, Malaysia to be leased to corporations in the aerospace industry. Bolloré Logistics, a leader in the sector, will offer its services to locally-based companies and will allow its customers to consolidate their operations within a single warehouse to optimize costs and improve the supply-chain flow.
Bolloré Logistics, an expert in aeronautics and aerospace logistics
With over 60 years of experience in aeronautics and aerospace logistics, Bolloré Logistics brings its customers its expertise through a range of services, from the transport of parts and assemblies of multiple origins to high-added-value operations. The company’s logistics solutions are underpinned by a network of specialists based in over 100 countries. These 1,600 professionals are trained in the techniques and specific aspects of the sector and work in synergy as part of responsive operational structures available 24-7 for the management of urgent and sensitive goods flows.
About Bolloré Logistics Malaysia
Present in Malaysia for 25 years, Bolloré Logistics employs today more than 200 employees in 8 branches and 4 warehouses over an area of 20,000m². It has developed in the country specific expertise in different sectors: aerospace, oil & gas, luxury and cosmetics, industry and engineering. Its portfolio of aerospace customers includes airlines, MRO operators and suppliers.
About Boustead Projects Limited
Established in 1996, Boustead Projects Limited is a leading industrial real estate solutions provider in Singapore, with core engineering expertise in the design-and-build and development of industrial facilities for multinational corporations and local enterprises. To date, Boustead Projects has constructed and developed more than 3,000,000 square metres of industrial real estate regionally in Singapore, China, Malaysia and Vietnam. Boustead Projects is a 53%-owned subsidiary of Boustead Singapore Limited (SGX:F9D), a progressive global infrastructure-related engineering and technology group which is separately listed on the SGX Mainboard.
Cindy Patan, Media Relations Manager – Bolloré Transport & Logistics
T +33 (0)1 46 96 49 75 / +33 (0)7 72 40 49 75