SLP Park Long Hau’s strategic location connects Ho Chi Minh City to the Mekong Delta’s 12 provinces.
Ho Chi Minh City, November 15, 2021 – SLP Park Long Hau held a Ground-Breaking Ceremony in Long Hau Commune, Can Giuoc District, Long An Province officially marking SLP’s second logistics development and its long-term commitment to the Vietnam market.
After SLP Park Hai Phong in Northern Vietnam, this is the first project in the Southern market. Upon completion, SLP Park Long Hau will feature two double-story warehouses with a net leasable area of more than 51,000 sqm. The project’s first phase is expected to be completed by the end of 2022 and the second phase in the first half of 2023.
SLP Park Long Hau is located in the Long Hau 3 Industrial Park, 19 kilometers from Ho Chi Minh City, 3 kilometers from Hiep Phuoc Port, and 14 kilometers from Phu My Hung Urban Area. Its strategic location connects Ho Chi Minh City and the Mekong Delta’s 12 provinces and is an ideal location for urban and last-mile logistics and international freight logistics services for e-commerce companies as well as nearby manufacturers.
“SLP’s goal is to bring world-class industrial and logistics infrastructure to Southeast Asia and support regional economic development, with Vietnam as our first destination. We recognize that Vietnam has numerous opportunities to develop and attract foreign direct investment. The country’s logistics industry is experiencing strong growth due to many free trade agreements and the rapid expansion in e-commerce.” said Jenkin Chiang, CEO and a founding partner of SLP.
Since entering Vietnam in October 2020 through a joint venture with GLP, SLP has acquired six development sites with a total land area of more than 780,000 sqm. SLP will initially focus on Vietnam’s two largest markets, Greater Hanoi and Greater Ho Chi Minh City, and its nearby provinces and leverage GLP’s fund management, development, operational expertise and resources, and extensive global customer network.
SLP is committed to ESG (Environmental, Social, and Governance) initiatives and is focused on making sustainability a core component of its business by practicing responsible investing and development and promoting greater well-being in Vietnam.
SLP follows strict endemic prevention and control measures to ensure the safety of all its employees, contractors, construction partners and other third parties.
SLP has named Uc Phat Construction Services Trading Co., Ltd. as general contractor for this project.
SLP (SEA Logistic Partners) is an industrial and logistic facility development and operation platform backed by GLP, the leading global provider of modern logistics facilities and technology-led solutions. We
will create world-class industrial & logistic infrastructure in Southeast Asia to support the growth of our customers and the region’s economic development.
GLP is a leading global investment manager and business builder in logistics, real estate, infrastructure, finance and related technologies. Our combined investing and operating expertise allow us to create value for our customers and investors. We operate across Brazil, China, Europe, India, Japan, the U.S. and Vietnam and have more than US$120 billion in assets under management in real estate and private equity.
We are committed to a broad range of environmental, social and governance (ESG) commitments that elevate our business, protect the interest of our shareholders and investors, support our employees and customers and enhance our local communities. Learn more at glp.com/global.
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