News

  • Photo: BW Industrial

12.05.2021

Artikel Nummer: 36459

Teaming up for logistics in Vietnam


Two members of the same family, ESR, an APAC focused logistics real estate platform and BW Industrial Development Joint Stock Company (BW), a major logistics and industrial real estate developer and operator in Vietnam, have formed a joint venture to develop an industrial park near Ho Chi Minh City, Vietnam.

 

The partnership marks ESR’s first entry into the Vietnamese market. The My Phuoc 4 Industrial Park (the “Park”), which will have a total of approximately 240,000 sqm of logistics and light industrial facilities upon completion, is located north of Ho Chi Minh City in the strategic Binh Duong market, a hub of industrial development in southern Vietnam.

 

BW is currently developing the project with completion scheduled for August 2021. The transaction is subject to relevant regulatory approvals. (sh)

www.bwindustrial.com

www.esr.com

 

 

 

Nouvelles connexes