Singapore: A.P. Moller - Maersk Group's logistics arm Damco has announced plans for the construction of a new integrated logistics centre at Binh Duong, 25 kilometers from Ho Chi Minh City. The 26,000 square facility, which will see an investment of over $4m, will serve both Cat Lai port and Cai Mep port upon by April 2011. A plan to link the facility to barge infrastructure as an alternative to truck transport is also in place to reduce overall transportation costs and carbon emissions.
"Vietnam is a key market for Damco and we will continue to invest in infrastructure, technology and people to support the increasing demands from our customers here," said Tony Hotine, Chief Executive of Damco, Asia Pacific. "We have taken active roles to support the advancement of the domestic logistics industry by working with private and government sectors to improve supply chain efficiency in Vietnam. By integrating warehousing services with our extensive network and capabilities, customers are able to increase efficiency and agility in their supply chains. We are well-positioned to increase our market share in Vietnam." [25/08/10]
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