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Y3 Technologies and Chongqing Transport sign joint venture agreement to strengthen logistics industry in Western China

Y3 Technologies and Chongqing Transport sign joint venture agreement to strengthen logistics industry in Western China

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Y3 Technologies, a Singapore’s logistics and supply chain solutions leader, has entered into a joint venture agreement with Chongqing Transportation Holdings (Group), China’s leading Logistics Company to accelerate the logistics industry’s growth in Western China. The joint venture will bring together Chongqing Transport Group’s operational expertise and wide market reach and Y3 Technologies’ cutting-edge technological capabilities to transform Western China’s logistics ecosystem especially in Chongqing.

The signing ceremony was held last week in Chongqing in the presence of industry leaders from China-Singapore (Chongqing) Demonstrative Initiative on Strategic Connectivity Administrative Bureau – Han Baochang, General Manager of Chongqing Transport Holdings Group – Zhang Guo Hua, Divisional Director, Chongqing Connectivity Initiative (CCI) at International Enterprise Singapore –  Gordon Tan, Chairman of Y3 Technologies – Dr Robert Yap and CEO of Y3 Technologies – Marc Dragon.

This joint venture is facilitated under the Chongqing Connectivity Initiative (CCI), Singapore’s third Government-to-Government (G2G) collaboration with China, and is supported by International Enterprise Singapore and Chongqing Transport Bureau.