Gulftainer has signed a memorandum of understanding (MoU) with PTL Holding Company Limited to explore collaboration in dry port operations in the Lao People’s Democratic Republic (Laos), marking a significant step in the UAE-based logistics firm’s expansion into Southeast Asia.
Under the agreement, both parties will assess opportunities to develop and operate major dry ports, leveraging Gulftainer’s expertise in port and logistics services to enhance inland freight infrastructure and boost regional trade connectivity. The collaboration also aligns with broader objectives to improve logistics corridors and intermodal solutions across Laos and neighbouring markets.
The MoU was signed by Gulftainer Group CEO Farid Belbouab and PTL Holding’s Chairman and CEO Dr. Chanthone Sitthixay at a high-level event in Sharjah, attended by senior officials from both countries. The move underscores Gulftainer’s commitment to strengthening its presence in Southeast Asia’s growing logistics sector and supporting cross-border trade development.