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SINGAPORE, March 1 Asia Pulse - Representatives of Ryder System, Inc., a U.S.-based provider of logistics, supply chain and transportation management solutions, and the Industrial Development Bureau (IDB) of the Taiwan's Ministry of Economic Affairs signed a memorandum of understanding in Singapore Wednesday, pledging to cooperate in the establishment of an Asian Maintenance, Repair and Overhaul (MRO) Center and Aerospace Logistics Support Center complex in Taiwan.
The proposed project is intended to provide a receiving, storage and shipment complex for aerospace-related parts and components used in Taiwan's MRO Center and distributed to aerospace-related customers through the Asia-Pacific region.
Dr. David R.C. Chu, director of the IDB's Committee for Aviation & Space Industry Development (CASID), and Willy Lai, Ryder's Vice President & Managing Director for the ...