DB SCHENKER INVESTS IN VIETNAM

Schenker Vietnam has officially opened its flagship facility in Song Than Industrial Park I of Binh Duong Province, Vietnam. The US$5.5 million investment jointly with Vietnamese partner Gemadept Corporation marks a significant milestone for both organizations in the fast growing Vietnam market,says Schenker.

The 10,000 square meter facility will function as a key logistics hub for OEMs, contract manufacturers and distributors, especially for enterprises located in the high-tech and industrial zones in Binh Duong Province and Ho Chi Minh City.

Offi ciating the opening, Juergen Braunbach, managing director, Schenker Vietnam, said, ‘The opening of this facility is testimony to the strong support from our customers, employees and partners, for our steady development and growth in the Vietnam market. At the same time, it also demonstrates the long-standing commitment that DB Schenker has to this dynamic market.”

Steve Dearnley, CEO, Schenker (Asia Pacific), added, “More than ever, this facility will not only serve as an important hub for the Vietnam market, but will also be an integral hub in our regional and global network, as we continue to strengthen our logistics footprint to better serve our customers needs in Vietnam, Asia Pacific and the rest of the world.”

DB Schenker first entered the Vietnam market in 1990, and has since grown into a 200-strong country organization across six locations throughout the country, offering a air and ocean freight, contract logistics and supply chain management, as well as project logistics and relocation services.