COFICO and BW Industrial Signed D&B Contract of BWID TPT4 – SG Logistics Project

Following the Groundbreaking event on December 3, 2020, Construction Joint Stock Company No. 1 (COFICO) and BW Industrial officially signed the Design & Build Contract of SG Logistics Project at Tan Phu Trung Industry Park, Cu Chi District, Ho Chi Minh City in the morning of December 10, 2020 in a joyful atmosphere.

The project of SG Logistics Joint Stock Company is the third project of BW Industrial Group in Tan Phu Trung Industrial Park with a total land use area of ​​nearly 20 hectares and investment capital of more than 80 million USD. The completed project will provide more than 150,000 m2 of warehouse space, expected to attract domestic and foreign businesses in the field of Logistics, especially projects from Singapore and meet the needs of the market. domestic and international schools in the field of e-commerce..

These are several strategic pioneering projects to create an available space fund to attract domestic and foreign businesses in the logistics sector, especially projects from Singapore according to the business plan of BW Industrial Group. Therefore, this project is considered to be an important milestone in attracting investment capital in Tan Phu Trung industrial zone, as well as in the export processing zones, industrial parks of Ho Chi Minh City.

BW Industrial development JSC. (BW) is founded on a shared vision between Warburg Pincus and Becamex to become the largest industrial platform of industrial factory for rent in Vietnam as well as logistics real estate market generally, providing high quality factory for rent and warehouse for rent. BW has a long-term goal to capture the outsized growth driven by the transformative shift at the base of manufacturing occurring in the country as well as its rising domestic consumption. BW has initial investment of over US$200 million as well as the current land bank of 380 ha over the country in 2019 and will expand by another 200 ha in 2020 to meet the rising call from customers.

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