Sembcorp set to break ground on first ready-built warehouse in Central Vietnam

Sembcorp set to break ground on the first modern ready-built warehouse in Central Vietnam

On December 2, Sembcorp Industries will break ground at the Sembcorp Logistics Park Quang Ngai.

The project showcases three blocks of modern single-story warehouses with a total land area of 6 hectares and a gross floor area of 35,500 square metres. The project is expected to be completed by the fourth quarter of 2023.

Charles Chong, country head of Sembcorp Development in Vietnam said, “Sembcorp’s latest logistics property is to be developed in Quang Ngai, a strategic gateway located within the Dung Quat Economic Zone that presents an attractive value proposition for manufacturers and third-party logistics companies to diversify their operations and build resilience into their supply chains.”

“Central Vietnam offers significant untapped investment potential. It takes advantage of the East-West Economic Corridor, which links important commercial nodes in each member country,” Chong added.

Country head of Sembcorp Development in Vietnam Charles Chong speaking at the press conference on November 24

Sembcorp Logistics Park Quang Ngai offers the benefits of connectivity and accessibility, being within close range of logistics hubs such as seaports (Chu Lai and Dung Quat), airports (Chu Lai and Danang), and the Danang-Quang Ngai expressway, providing businesses with seamless connectivity for moving goods.

The project embodies Sembcorp’s sector expertise and global track record, focusing on enhancing warehousing efficiency for businesses. The project offers a wide range of modern facilities with automatic fire protection systems, raised platforms, loading docks, 24/7 general security, on-site facilities management, high floor loading, and high ceiling height.

Companies can save long-term operational costs, consume less energy, reduce their carbon footprint, create a favourable working environment, and help alleviate the environmental concerns of neighbouring communities.

Chong shared, “Sembcorp has established our modern ready-built warehousing business with a growing presence across Vietnam, providing just-in-time and just-in-case solutions to third-party logistics companies and high-value manufacturers who are proactively building resilience into their supply chains.”

Sembcorp’s presence in Vietnam was established in 1996. Throughout the 26 years, it has achieved several milestones by developing and expanding its sustainable and industrial logistics portfolio across the country. Together with its strategic partners, Hankyu Hanshin Properties Corp. and CRE Inc., it is set to further grow its warehousing offerings in Vietnam.

Sembcorp has developed logistics parks in Haiphong with rooftop solar panels providing 2.7 megawatt peak of green power to customers. In 2021, Sembcorp Logistics Park Hai Duong was the first warehousing project in Vietnam to register for a Lotus green certificate – a green building rating system developed by the Vietnam Green Building Council.

Sembcorp is marking its expansion to Central Vietnam with new logistics parks in Quang Ngai and Nghe An, making it a pioneer in modern warehousing businesses in the region.

Chong concluded, “The megatrends of decarbonisation and urbanisation are continuing to shape Vietnam’s economy. At Sembcorp, we are driven by a clear purpose to play our part in building a sustainable future. With Sembcorp Logistics Park Quang Ngai commencing construction, we hope to bring modern and sustainable solutions to businesses, thus fostering operational efficiency and contributing to Vietnam’s pathways to sustainability.”

Raft of deals boost Sembcorp standing Singaporean energy and urban development group Sembcorp Industries has signed four agreements with Vietnamese partners to support the country’s energy transition as well as its sustainable development.

Sembcorp Industries pioneers in ready-built warehouses in central Vietnam Sembcorp Industries celebrates another milestone as it opens its newest warehouse facility in Quang Ngai, making Sembcorp the pioneer in modern ready-built warehouses in central Vietnam.