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Royal Cargo and Vietnam-based Trungnam SMC signed a memorandum of understanding to carry out lifting and heavy transport projects in the Philippines
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The companies also agreed to provide each other with specialized equipment and skilled manpower for their respective projects
Royal Cargo and Vietnam-based Trungnam SMC have signed a memorandum of understanding (MOU) on strategic cooperation to carry out lifting and heavy transport projects in the Philippines.
Signing the MOU in Ho Chi Minh City on August 17, Royal Cargo and Trungnam SMC agreed to provide each other with specialized equipment and skilled manpower for their respective projects.
Under the MOU, Trungnam SMC will ensure their equipment is well-maintained and fully meets project requirements while Royal Cargo will ensure Trungnam SMC’s equipment is protected from loss or damage while being shipped to the Philippines.
Royal Cargo said in a statement the strategic cooperation marks the beginning of a long-term partnership between the two companies aimed at achieving sustainable mutual growth while contributing to the economy and community.
Trungnam SMC is a leading solutions provider for moving super-heavy goods in Vietnam.
Royal Cargo is an end-to-end logistics solutions provider headquartered in the Philippines. It also has operations in the United States, the United Kingdom, Thailand, Vietnam, China, Hong Kong, Papua New Guinea, Indonesia, Malaysia, and Taiwan.
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