Binh Duong (VNA) – Work started on July 16 on an automated sorting centre in the southern province of Binh Duong, which will become the most modern facility in the region when finished.
The centre is a collaborative project between SPX Express and Frasers Property Vietnam, a multinational owner-operator-developer of real estate products and services.
Set up in the Binh Duong Premium Industrial Park (BIDP) in Thu Dau Mot city, the 10.6-hectare facility is equipped with the most up-to-date automatic sorting system that can process over 2.5 million parcels a day.
When the first phase is put into use in 2025, it will play a vital role in improving the logistics infrastructure in the country and creating jobs for thousands of local people, which helps foster the province’s economic growth.
Vice Chairman of the provincial People’s Committee Nguyen Van Danh said Binh Duong has attracted many investments over the past few years, especially those from foreign countries. It has also created favourable conditions to call for investments in logistics infrastructure from leading businesses, with an aim to become a satellite logistics centre of the southeast region.
With an investment of 30 million USD, the centre is expected to bring development opportunities and contribute to the local and national economy, he added.
Danh said province authorities would continue to support investors to ensure stable production and business activities.
Binh Duong province, one of the key southern economic hubs, has 29 industrial parks with a total area of 12,600 hectares, and it expects to have 17 more by 2050.
Among them, BIDP is the first industrial park in Vietnam to be built based on the elevated industrial real estate model, with high quality industrial and logistics infrastructure.
Several factories placed in the park have also achieved the Leadership in Energy and Environmental Design certification for being green, sustainable, and operationally efficient.
The province has attracted nearly 4,300 projects with total investment capital of nearly 40.6 billion USD from 65 countries and territories as of May, ranking third in the country after Ho Chi Minh City and Hanoi./.
VNA
