Following Thailand, Vietnam, Cambodia, and Myanmar, MOBILITAS, under its AGS brand, has expanded to a 5th country on the Indochinese Peninsula. The move marks a new chapter in the Group's history, with its network now covering 100 countries.
In a press release the company said that Laos was an obvious choice for assessing new markets for development. The only landlocked country in South-East Asia, Laos conducts all international trade by road or rail. Most cross-border traffic passes through Vietnam and China, where MOBILITAS is well established.
Additionally, Laos is a full member of the World Trade Organization (WTO), the ASEAN and the Asia-Pacific Trade Agreement. These commitments foster close commercial relationships with many of the countries where MOBILITAS also operates. The Group aims to cover most of the 10 ASEAN Member States.
"Over the decades, Laos has progressively solidified its international economic footprint, presenting MOBILITAS with a promising opportunity to satisfy the needs of our global customers by establishing a presence here," commented Alain Taïeb, Chairman of the Supervisory Board of the MOBILITAS Group. "As Laos is one of the 88 member countries of the Organisation internationale de la Francophonie, and to coincide with the 70th anniversary of Franco-Laotian diplomatic relations, I feel immense pride in integrating Laos to our network."