A.P. Moller Capital and VinaCapital launch logistics infrastructure platform

May 23, 2023 | 12:06

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A.P. Moller Capital, a global fund manager focused on high-growth markets, and VinaCapital, a highly diversified asset manager in Vietnam, announced on May 22 that they have established a joint platform to boost transportation and logistics infrastructure investments in Vietnam.

A.P. Moller Capital and VinaCapital launch logistics infrastructure platform

Vietnam offers clear growth opportunities for transportation and logistics

The partnership, which will be majority-owned by A.P. Moller Capital, brings together its expertise with the regional knowledge of VinaCapital – both leaders in their respective spheres – to build and scale a portfolio of assets that target top quartile returns in a private capital structure. Investment and other major decisions will be made jointly.

Dhruv Narain, partner at A.P. Moller Capital said, "We are delighted to be building an asset portfolio that performs for our investors whilst also doing good for communities in high-growth markets. Doing this in Vietnam with a committed and reputable partner like VinaCapital is a privilege."

Andy Ho, chief investment officer at VinaCapital, said that logistics is a critical part of Vietnam’s economic growth story, and VinaCapital has a successful track record in the sector over its 20 years in business. This includes investments in Gemadept and Transimex, as well as warehouses and industrial parks.

“Our partnership with A.P. Moller Capital brings together two of the most experienced players in their respective fields and creates an investment platform that has the potential to transform the logistics industry in Vietnam. We are excited to work with the team at A.P. Moller Capital to identify and invest in promising Vietnamese logistics companies and contribute to the sector’s growth and development,” Ho added.

A.P. Moller Capital, which is part of the A.P. Moller Group, is a value-add infrastructure fund manager with unique expertise, networks, and people focused on the logistics and transportation sectors.

With a population of close to 100 million, a consistent GDP growth rate of over 5 per cent, and a strong and stable regulatory and investment climate, Vietnam offers clear opportunities for growth in the transportation and logistics sector.

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By Bich Ngoc

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