YCH Group, Forchn Holdings join forces to deepen Belt and Road Initiative investments

Singapore

SUPPLY chain management company YCH Group and e-commerce logistics services firm Forchn Holdings announced on Friday they have signed a memorandum of understanding to deepen cooperation in investment opportunities along the Belt and Road Initiative (BRI) corridor.

Under the partnership, YCH and Shanghai-based Forchn said they will explore the joint launch of a US$150 million BRI Logistics Real Estate Private Equity Fund to invest in warehousing and logistics assets located in South-east Asia and China.