KCCI Promotes Logistics Efficiency... Up to 50% Support for Consulting Fees

[Asia Economy Reporter Oh Hyung-gil] The Korea Chamber of Commerce and Industry (KCCI) has been selected as the lead organization for the Ministry of Land, Infrastructure and Transport's logistics efficiency support project, enabling it to provide multifaceted support for companies to reduce logistics costs.

On the 22nd, KCCI announced that it plans to recruit participating companies for the logistics efficiency support project from March 28 to April 27. It will recruit 33 shipper companies and 25 logistics companies in three areas: third-party logistics (3PL) transition, joint logistics, and overseas expansion, and plans to support up to 50% of consulting costs (up to 20 million KRW).

The 3PL transition support project involves diagnosing the logistics status and issues of shipper companies and providing consulting to facilitate the transition to third-party logistics. It is a project that consults on the introduction of joint logistics to improve logistics efficiency and reduce logistics costs for shippers or private company consortia.

Seo Deok-ho, Director of the Distribution and Logistics Promotion Institute at KCCI, said, "Although the transition to 3PL has increased compared to before, it is still at a low level compared to the U.S. and Japan, so government support expansion is necessary. The scope of consulting support should also be expanded from domestic logistics to import-export logistics networks, and it is necessary to spread to various fields such as green logistics and smart logistics."

This content was produced with the assistance of AI translation services.