SEA Logistics Partners (SLP), an industrial and logistics infrastructure developer and GLP’s operational platform in Southeast Asia, announced JUSDA and four other enterprises as new tenants at SLP Park Yen Phong on October 19.
|The modern multi-tenant logistics facility spans 70,000 square metres and is located in the Yen Phong I Industrial Park in Bac Ninh province
According to Edwin Chee, COO at SLP Vietnam, the demand for modern, strategically located facilities in Vietnam remains robust.
|“The quick lease-up and diverse tenant portfolio, including GLP's existing global customers at SLP Park Yen Phong, indicates our ability to deliver the high-standard, integrated warehousing solutions that customers are looking for. We are deeply grateful to our clients for selecting SLP as their partner of choice for their supply chain expansion and development,” said Chee.
Completed in March, the park achieved the full occupancy of its second building within six months, contributing to an overall occupancy rate of 75 per cent.
This building is now leased to a diverse set of customers, including a top Japanese third-party logistics (3PL) company, a global supply chain management services provider, and one of South Korea's largest confectionery brands, as well as local manufacturers focusing on solar module solutions and film technologies.
SLP Park Yen Phong is well-located within an established transportation network with direct access to Noi Bai International Airport. This makes SLP Park Yen Phong an ideal logistics hub catering to a wide spectrum of manufacturing industries, export enterprises, air logistics service providers, and 3PLs that provide handling, storage, distribution, and value-added services in the high-tech industry.
Designed to high sustainability standards, the facility is LEED certified for its design and construction, which is a testament to SLP’s commitment to responsible building practices.
JUSDA, a global provider of logistics-related operations and solutions, has a longstanding partnership with GLP and leases from the company in multiple locations around the world.
The high sustainability standards, which align with JUSDA’s commitment to sustainable development, and the strategic location led to SLP being selected as JUSDA Vietnam's partner to establish its bonded warehouse that serves its electronic customers in the region.
This partnership has established a strong basis for potential future collaboration between these two enterprises in other SLP parks in Vietnam.
Since its establishment in 2020, SLP has become one of the leading providers of modern logistics real estate in Vietnam, with an investment portfolio of nine modern logistics facilities comprising nearly 1 million sq.m. It also has an additional 920,000 sq.m gross floor area in the pipeline, focusing on Vietnam’s two largest markets, the greater Hanoi and the greater Ho Chi Minh City areas.
Its customers include domestic 3PL and e-commerce platforms, as well as GLP’s global partners who are seeking to expand their presence in Southeast Asia as they diversify their supply chains.
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