Thailand
Alibaba’s logistics arm develops new facility in Vietnam
Cainiao Network, the logistics arm of Alibaba Group, has announced the development of Cainiao Dong Nai Smart Logistics Park, which will be located in the Dong Nai province of Vietnam.
The project, which has a total land size of nearly 168,000 square meters, will provide around 90,000 square meters of warehouse leasing space to support businesses’ supply chain needs.
The logistics park will serve as a distribution center and cold chain storage facility to support domestic logistics operations. It will also provide a bonded warehouse facility for consolidation before exporting to overseas markets.
The latest project has connectivity with Ho Chi Minh City and immediate proximity to transportation facilities such as the Long Thanh International Airport as well as two major seaports – Cat Lai and Cai Mep-Thi Vai.
The increased connectivity and new infrastructure will help key industries in Dong Nai such as furniture, garment, commodities, and trade, which often utilize warehousing facilities for their logistics operations.
“We believe that the Cainiao Dong Nai Smart Logistics Park will play a pivotal role in helping businesses to capitalize on Dong Nai’s unique competitive advantages and achieve broader sustainable regional growth,” said Eric Xu, general manager of Cainiao Smart Hub.
Source: https://www.bangkokpost.com/business/2276387/thai-feb-consumer-mood-dips-for-2nd-month-over-virus-outbreak-ukraine