TNT Opens International Gateway in Malaysia

TNT has increased its presence in Malaysia with the opening of a facility – its Penang International Gateway. Located at Kompleks Kargo Kedua, next to the airport runway, the integrated air and road facility – the first in northern Malaysia - will improve the transit times of goods passing through Penang and will increase the company’s capability to handle a greater volume of goods, according to the company.

The new facility will provide opportunities and benefits businesses in the hi-tech industry, specifically the electronic, computing, telecommunications and semi-con sectors.

The International Gateway was officially opened by YAB Lim Guan Eng, chief minister of Penang.

The investment of the facility is in line with the presence of hi-tech manufacturing companies in Penang. Penang contributes 21 percent to Malaysia’s total imports and 24 percent of Malaysia’s total exports. Within Malaysia, the north region consisting of Penang, Perlis, Kedah and northern Perak contribute to about 24 percent of the country’s GDP.

This year, TNT recorded a double digit growth in its hi-tech business sector in Asia (year to date) and in TNT Malaysia, revenue growth was more than 20 percent (year to date). Despite the economic downturn, this growth was attributed to TNT’s cost-efficient and lean supply chain solutions.

Transit times into and out of Penang are reduced by a day. Shipments from Penang into Europe can now be transported by air in two days. Also, next morning door-to-door delivery service from Penang into Singapore by air is possible with the facility.

Capable of conveying 22 tons of cargo daily, TNT’s International Gateway in Penang further enhances TNT’s freight services within Malaysia and Southeast Asia and between Southeast Asia, China and Europe.

TNT, www.tnt.com