Damco Opens New Warehouse in Vietnam

Damco, one of the world’s leading freight forwarding companies, opened a new logistic and distribution center in the southern province of Binh Duong on April 20, to meet the increasing cargo service demand of exporters.
 The center will also support the growing targets of Damco Vietnam, one of the subsidiaries of the A.P.Moller-Maersk Group from Denmark, in both local and foreign markets.
 The warehouse was built in accordance with Damco’s global quality standards, said Brent Williams, contract logistics general manager for Damco in Vietnam and Cambodia.
 Damco plans to continue investing in infrastructure to meet the growing needs of its customers. Along with the new logistic center, Damco has increased the number of its warehouse facilities in the country to nine.
 The US$4 million distribution center was constructed in eight months, covering 26,000 square meters in Di An District of Binh Duong province. Situated in Binh Duong, some 30 kilometers from Ho Chi Minh City, the center will help customers reduce the transport cost to Cai Mep port.
 Damco is involved in a wide range of other activities within logistics like port operations, energy, shipbuilding, retail and manufacturing.

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