ICD Vinh Phuc Logistics Center is one of the province’s key projects with a total investment of nearly 3,900 billion VND, design capacity of customs clearance of about 530,000 TEU/year. Currently, the project has entered phase 1 operation.
ICD Vinh Phuc Logistics Center project is the first name of a smart logistics network in the ASEAN region with the function of integrating distribution centers and dry ports to serve the provision of logistics services according to the needs of customers. market.
The project was started at the end of 2021, invested by T&Y Superport Vinh Phuc Joint Stock Company (a joint venture between T&T Group and Singaporean partner YCH Group). Once completed, this will be one of the largest logistics centers in the North, connecting industrial parks by road, rail as well as connecting to Hanoi and Cat Bi international airport (Hai Phong). and Yunnan province of China; creating a breakthrough for Vietnam’s logistics sector, aiming for the goal of reducing logistics costs to 16% of GDP by 2025 and the contribution of logistics services to GDP reaching 5-6%, with a growth rate of logistics services. reaching 15 – 20%. At the same time, the Project will contribute to connecting Vinh Phuc with countries in ASEAN and internationally.
To upgrade ICD Vinh Phuc Logistics Center to become the largest and most effective logistics center in Vietnam, in August 2022, the Project Investor joined hands with Vietnam Airlines Corporation (Vietnam Airlines) to integrate The inventory does not extend into the entire service/commercial model of the airline. At the same time, in cooperation with Vietnam Railway Corporation, it is expected to build a railway branch connecting the national railway line to the “super” port project area.
Currently, phase I has been put into operation, it is expected that ICD Vinh Phuc Logistics Center will reach a capacity of about 400 tons/day, meeting the needs of container freight transport in the province and the provinces in the southern region. North.
In phase 2, the project will build a bonded area and dry port, logistics warehouse area, support works, roads, areas connecting to the planned railway, and green trees with an area of over 52 hectares. Expected to be put into operation from the fourth quarter of 2024.
Thien Truong (th)
