DAMCO OPENS MEGA-WAREHOUSE IN VIETNAM

Damco opened a new 26,000-square-metre distribution centre in Vietnam to support its growth in both its international and domestic volume.

The distribution centre, in Binh Duong, 30km from Ho Chi Minh City, will further strengthen Damco's network in Vietnam which also includes nine existing facilities. The new facility is well-connected by road transport and allows it to serve both Cat Lai and Cai Mep ports. Plans are also underway to further link the facility to barge infrastructure as a supplement to truck transport. This will allow customers to reduce overall transportation costs and carbon emissions.

"With this new facility, our customers will have greater flexibility in managing fluctuations in demand for warehousing," said Narin Phol, country manager for Damco in Vietnam and Cambodia. "The distribution centre will operate as an integrated logistics centre offering multipurpose warehousing, a humidity controlled environment, access to inland container depots and barge connectivity. It is also our vision to develop this facility into an international consolidation hub, linking the Indochina region through our cross-border solutions."

Brent Williams, contract logistics general manager for Damco in Vietnam and Cambodia, said that the warehouse was built in accordance with Damco's global quality standards. "It deploys state-of-the-art warehouse management systems, supports efficient warehouse solutions, and follows international health, safety, security and environment standards."

Damco plans to continue investing in infrastructure to meet the growing needs of its customers.

"We have achieved great success in the past few years by offering comprehensive logistics solutions to our customers," said Phol. "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 domestic warehousing and distribution."