Taewoong Logistics Breaks Ground on Second Uzbekistan Logistics Warehouse, Accelerates Global E-Commerce Expansion
Taewoong Logistics, an integrated logistics service provider, is accelerating its efforts to expand into the global e-commerce market by breaking ground on a new logistics warehouse in Uzbekistan.
FE TAEWOONG, TaeWoong Logistics' Uzbekistan subsidiary, held a groundbreaking ceremony for its second logistics warehouse on the 11th in Tashkent, Uzbekistan, with officials posing for a commemorative photo. TaeWoong Logistics
View original imageTaewoong Logistics announced on the 20th that its Uzbekistan subsidiary, FE Taewoong, held a groundbreaking ceremony for its second logistics warehouse in Tashkent, Uzbekistan, on the 11th.
FE Taewoong operates a one-stop logistics service on a site of approximately 28,000 square meters, managing a container yard (for storage and import/export), a logistics warehouse, and an office, and providing integrated solutions for transportation, customs clearance, and storage.
The second logistics warehouse is being built to meet growing demand for e-commerce and automotive parts logistics. It is scheduled for completion at the end of July and trial operations will begin in early August. In response to the increasing demand for e-commerce logistics, Taewoong Logistics is also considering the construction of a third logistics warehouse.
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A representative from Taewoong Logistics stated, "The e-commerce market in Uzbekistan is a promising market, expected to grow by more than 20% annually. With this expansion, we aim to improve the quality of local logistics services and steadily expand our business base in Central Asia."
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