A modern ready-built warehouse is set to be set up in central Việt Nam. Sembcorp Industries, a Singaporean-invested firm made the announcement and said they will break ground at the Sembcorp Logistics Park Quảng Ngãi.
The warehouse aims to meet the increasing demand in the industrial real estate market. Scheduled for start of construction for next month, the project features three blocks of modern single-storey warehouses with a total land area of six hectares and a gross floor area of 35,500 square metres which is expected to be completed by the fourth quarter of 2023.
Sembcorp Logistics Park
“Sembcorp’s latest logistics property is developed in Quảng Ngãi, a strategic gateway located within Dung Quất Economic Zone, presenting an attractive value proposition for manufacturers and third-party logistics companies to diversify their operations and build resilience into their supply chains. Central Việt Nam offers significant untapped investment potential. It takes advantage of the East-West Economic Corridor, which links important commercial nodes in each member country,” said Charles Chong, country head of Sembcorp Development in Việt Nam.
Sembcorp Logistics Park Quảng Ngãi is within close range of logistics hubs, such as Chu Lai and Dung Quất seaports, Chu Lai and Đà Nẵng airports, and Đà Nẵng-Quảng Ngãi expressway, providing businesses with seamless connectivity for moving goods.
With this industrial property project, companies can save long-term operating costs, consume less energy, reduce their carbon footprint, create favourable working environment, and help alleviate the environmental concerns of neighbouring communities.
Chong said: “With Sembcorp Logistics Park Quảng Ngãi, we hope to bring modern and sustainable solutions to businesses, thus can foster operation efficiency and contribute to Việt Nam’s pathways to sustainability.”