FM Logistic's double strike in Asia
French logistics player FM Logistic is widening its footprint in Asia. A new multi-customer facility offering 70,000 sqm of warehouse space was recently inaugurated in India. Located in Farrukhnagar, the site is close to the Kundli-Manesar-Palwal (Delhi) highway.
The construction of the warehouse, which was managed by NG Concept, is part of the French 3PL’s EUR 150 million five-year investment plan announced in March 2019.
In addition, FM Logistic has just reported the opening of a 20,000 sqm multi-client urban distribution centre in Di An, Binh Duong in Vietnam. One of the first customers is an international FMCG company which awarded FM Logistic a major contract in February to manage its omnichannel logistics and last-mile delivery for nearly 10,000 traditional grocery shops in Ho Chi Minh City. The new facility will focus on omnichannel distribution. (sh)