‘Full of confidence’ in South-east Asia: Cosco Shipping eyes investments in Malaysia, Vietnam and Indonesia to power growth
The logistics player bets on regional presence amid manufacturing growth and Chinese trade flows
Mainboard-listed Cosco Shipping International (Singapore) is looking to invest in South-east Asia, focusing on Malaysia, Vietnam, and Indonesia, to capitalize on rising manufacturing activity and complex supply chains. Cosco Shipping International President Jiang Kai expressed confidence in the region's market potential, stating that the company's logistics infrastructure in Singapore is expanding.
Currently, 87% of the company's revenue comes from Singapore and Malaysia, with smaller investments in Indonesia and Vietnam. Despite global trade disruptions, manufacturing activity remains strong in the region, and Jiang anticipates a recovery in the dry-bulk shipping market, driven by industrial machinery, automobiles, and new energy equipment demand.
The company's logistics business makes up 85% of its 2025 revenue, with other shipping services including ship repair and marine engineering, and property management. Chinese manufacturing companies are increasingly choosing South-east Asia as a manufacturing base, and logistics providers offering end-to-end solutions are in high demand.
As trade links between South-east Asia and China continue to grow, Cosco Shipping International aims to leverage its extensive network of subsidiaries to capture opportunities in various industries, such as chemicals, electronics, renewable energy, automotive parts, and consumer goods.
Written by urgent.news from The Business Times - Companies & Markets's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
