Ho Chi Minh City, 1 March 2016 – Damco has unveiled its expanded Southern Vietnam Logistics Center in Binh Duong Province. Now covering 37,150 m2 and 141 loading bays, and incorporating state-of-the-art facilities, this C-TPAT certified multi-purpose warehouse is an important pillar of a multi-year capacity expansion plan. Together with the recent development of the Haiphong warehouse in North Vietnam to 11,500 m2, Damco Vietnam’s warehouse capacity now stands at an impressive 73,000 m2 across five sites.
Damco’s growing Contract Logistics operation has over 25,000 m2 of space to serve customers in the industrial, retail, fashion and chemicals sectors. This unrivalled capacity offers a greater array of supply chain efficiencies which in turn optimize costs for customer’s logistics operations.
The new container freight consolidation facility is equipped with the latest technologies such as 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 will 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, adds: “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!”
Damco’s Southern Vietnam Logistics Center has broadened and strengthened the range of logistics services for customers and investors alike, both foreign and domestic. The new facility will enable Damco Vietnam’s customers’ supply chains to become more competitive by optimizing their logistics costs while ensuring a tangible reduction of their environmental emissions.
External Communications Asia
Damco, one of the world’s leading third party logistics providers, specialises in delivering customised freight forwarding and supply chain solutions. The company provides services in 300+ locations across 100+ countries and employs 11,000+ people. In 2015, Damco had a net turnover of USD 2.74 billion, managed 2.9 million TEU of ocean freight and supply chain management volumes, and air-freighted 180 thousand tonnes. Damco is part of the Maersk Group.