Singapore-based YCH Group and Vietnamese conglomerate T&T Group have broken ground on Vietnam SuperPort — Vinh Phuc ICD Logistics Centre, the largest logistics infrastructure project spearheaded by a Singaporean company in Vietnam.
Launched in November 2020, the super port has a plan area of more than 83 hectares (205 acres) and an investment of around $200 million, with a designed cargo capacity of about 850,000 twenty-foot equivalent units (TEUs).
The Vietnam SuperPort will be the first of its kind, a multimodal logistics hub with an integrated dry port and advanced supply chain nerve center based on four pillars: connectivity, sustainability, scalability and agility.
The facility is scheduled to go live in 2024, with phase one set to be completed in stages between 2022 and 2023, and phase two to be completed in stages between 2024 and 2025.
“Singapore and Vietnam have shared excellent bilateral relations, and this is supported by robust economi