Damco expands logistics capacity in Vietnam

Damco has announced its expanded Southern Vietnam Logistics Center in Binh Duong Province which now covers 37,150 sq m and includes 141 loading bays. According to the annoucement, the multi-purpose warehouse is an important pillar of Damco’s multi-year capacity expansion plan. Together with the recent development of the Haiphong warehouse in North Vietnam to 11,500 sq m, Damco Vietnam’s warehouse capacity now stands at 73,000 sq m across five sites.

Damco’s Contract Logistics operation has over 25,000 sq m of space intended to serve customers in the industrial, retail, fashion and chemicals sectors.

The new container freight consolidation facility is equipped with a High Jump CFS management system, RF scanning, a sprinkler system and a digital CCTV system. It also incorporates a quality control room and an on-site customs office, supported by a dedicated country management team which works closely with other Damco teams in origin and destination countries.

The expanded facility is expected to enable Damco to support Vietnam’s projected economic growth with greater efficiency. These developments are in tandem with the establishment of the ASEAN Economic Community (AEC) in December 2015, the Trans-Pacific Partnership (TPP) agreement, and the Free Trade Agreement (FTA) between Vietnam and the European Union. Also on Damco’s stable is the recent establishment of the consolidation hub at Cai Mep in South Vietnam, from where a domestic ocean container can be transported serving the Hai Phong port in the North.

Marco Civardi, Area Managing Director for Damco in Vietnam & Cambodia, said, “In preparation for the upcoming years of strong economic growth, Damco Vietnam has invested substantially to upgrade our capacity in both geographical areas of North and South. Within our facilities we are now able to perform new value added activities on behalf of our customers. Noteworthy is also the acquisition of our bonded license capability in Haiphong and the possibility to perform activities such as metal detection, CNI (Certificate of No Impediment) and inner carton checking within our Ho Chi Minh facility. These developments demonstrate Damco’s commitment to the Vietnamese market and our clear goal to be here for the long-haul!”

Source: Damco


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