YCH Group, Forchn Holdings join forces to deepen Belt and Road Initiative investments
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
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.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts
