Bolloré Logistics has signed a Memorandum of Understanding (MoU) with Boustead Projects Limited, an industrial real estate solutions provider, to support the development of the aeronautics sector in the Malaysian region of Kuala Lumpur.
Bolloré Logistics will offer its services to locally based companies and will allow its customers to consolidate their operations within a single warehouse with the aim to optimise costs and improve the supply chain flow.
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.
Based in Singapore, Boustead Projects is a subsidiary of Boustead Singapore Limited, a global infrastructure-related engineering and technology group with engineering expertise in designing, building and developing industrial facilities for corporations and local enterprises. To date, Boustead Projects has constructed and developed more than 3m sq m of industrial real estate in Singapore, China, Malaysia and Vietnam.
Source: Bolloré Group
