SPX and Frasers Property Vietnam open automated sorting centre in Binh Duong

When fully completed in 2025, the centre will span more than 100,000 square metres with a processing capacity of over 2.5 million parcels per day, and feature the latest automated goods sorting system.

The first phase of construction is scheduled for completion in 2025 with operations commencing the same year. When officially launched, the centre is expected to contribute thousands of new job and economic opportunities to surrounding communities, aiding the overall development of Binh Duong province and improving logistics infrastructure in Vietnam.

At the breaking ground ceremony, Edwin Tan, deputy CEO, Frasers Property Vietnam, said that Binh Duong province was known for its strategic location and its well invested urban infrastructure system.

“Its industrial parks are currently contributing 10 per cent of the country's export value, and Binh Duong is increasingly asserting its key position in the regionally linked logistics supply chain. This has allowed Binh Duong to continue to attract more and outstanding foreign investment capital,” Tan said.

“With all the better conditions to become the logistics hub of the southern region of Vietnam, the province is an ideal destination for domestic and foreign logistics businesses, including SPX Express - a logistics provider for cost-effective and reliable delivery services with a network covering 63 cities and provinces in the country,” he said.

Frasers Property is a leading multinational real estate company headquartered in Singapore, with multi-asset classes, providing more than seven million sq.m of international grade industrial facilities across Australia, Europe, Thailand, Indonesia and Vietnam.

BDIP Premium Industrial Park is its first industrial asset in Vietnam to incorporate the innovative Premium Estate concept.

In addition to high-quality industrial and logistics infrastructure, BDIP Premium Industrial Park offers amenities like the Industrial Service Centre (ISC) and green spaces to support the wellbeing of building occupants.

Frasers Property and SPX have already collaborated in Thailand. A 73,000sq.m first-of-its kind sorting centre located in Wangnoi, Ayutthaya (North of Bangkok) was completed back in September 2022.

This was the first double-cross dock warehouse in Thailand, which enables one of the fastest turn-around within the country.

Frasers Property’s BDIP is the company’s first industrial park in Vietnam to incorporate its innovative industry-first Premium Estates concept.

In addition to high-quality industrial and logistics infrastructure, Premium Estates offer amenities and green open spaces to support the wellbeing of building occupants with best-in-class sustainability and technology, providing assurance for the future-readiness of businesses.

The industrial park is one of few developments in Vietnam to be Leadership in Energy and Environmental Design (LEED) certified, which recognises healthy, efficient, carbon and cost-saving green buildings.

SPX launches automated sorting centre in Bac Ninh The logistic service SPX launched its state-of-the-art automated sorting centre at Vietnam Singapore Industrial Park in the northern province of Bac Ninh on September 8, becoming the company's largest and most modern sorting centre in the region.

SPX inks agreement with Frasers Property SPX, a logistics provider for cost-effective and reliable delivery services with a network covering 63 cities and provinces across Vietnam, together with Frasers Property, one of Vietnam’s leading diversified property developers, on March 26 announced an agreement to provide a built-to-suit premium industrial space in Binh Duong Industrial Park (BDIP).