YANGON -- German wholesaler Metro has opened a massive logistics center near Yangon serving hotels and eateries, betting on the industries' growth as tourist traffic from other parts of Asia picks up.
The 5,800-sq.-meter facility located inside the Thilawa Special Economic Zone went into full swing in early March, supplying fresh food and other items to hotels and upscale restaurants serving foreign tourists. Initial investment in the site totaled around $10 million.
