Singapore’s Tiong Woon Corporation has announced a strategic alliance with Mammoet to expand its footprint in Thailand.
This partnership will enhance Tiong Woon’s ability to cater to the evolving needs of existing customers in Thailand, and significantly broaden the group’s service offerings to existing as well as new customers, particularly within the heavy lift and haulage market in the country.
It will also place both partners in a stronger position to offer, tender, negotiate and provide solutions in projects across Thailand involving their respective capabilities.
In addition, to reinforce its position in the transportation and heavy haulage industry in Thailand, Tiong Woon has acquired various assets from Mammoet, including transportation, heavy haulage and heavy lifting equipment.
The acquired equipment will enable Tiong Woon to undertake new, larger, and more complex projects for existing and new customers, further solidifying the group’s reputation as a go-to partner for high-value, complex and challenging heavy lift and haulage solutions in Thailand and the region.
Ang Guan Hwa, executive director and CEO of Tiong Woon Corporation, said, “We are excited about the opportunities this strategic alliance and asset acquisition with Mammoet in Thailand brings to our organisation and our customers. This is yet another chapter in the group’s growth story in the right direction. We will be positioned to deliver a wider suite of exceptional services to our customers.
“The investment also underscores our commitment to meeting the evolving needs of our customers and partners, and our vision for the group as the market leader in high-value, large, complex heavy lift and haulage solutions in Thailand and the broader region. We believe that this broadening of our strategic partnership with Mammoet in the Asia Pacific region augurs well for further growth in the region.”
All images: Tiong Woon