News & Events

BW achieves significant milestone with 10th project launch in 2024

October 22, 2024

On October 18, 2024, BW Industrial Development JSC, Vietnam’s leading logistics and industrial for-rent developer, reached a significant milestone with the groundbreaking of its latest project in Dong Nai, the only logistics project within a 5-kilometer radius of Long Thanh International Airport. This marks the company’s 10th project launch in 2024, a true testament to its exceptional execution capabilities.

Groundbreaking ceremony of BW Tan Hiep Logistics Park – Phase 1 with the attendance of local authorities

BW Tan Hiep Logistics Park is poised to capture the vast logistics potential of the Long Thanh area, being the only logistics project to be located within 5 kilometers of Long Thanh International Airport. With construction slated for completion by December 31, 2025, the park is perfectly timed to coincide with the airport’s inaugural commercial flight on September 2, 2026. Long Thanh Airport is projected to handle up to 100 million passengers and five million tons of cargo annually, equipped with the necessary infrastructure and facilities to attract numerous logistics players and transform the area into a dynamic logistics hub. The park features modern facilities designed to meet modern logistics needs, including 9-meter ceiling heights for optimized vertical storage and operational efficiency, along with a single-floor layout for enhanced logistics flow and ease of goods movement.

Long Thanh International Airport is expected to welcome its first commercial flight on September 2, 2026

Additionally, BW Tan Hiep Logistics Park is strategically positioned just a 30-minute drive from Cai Mep Port and at the crossroads of two major transportation routes: National Road 51, which connects Dong Nai and Vung Tau, and Long Thanh – Dau Giay Expressway, linking HCM CBD to the northern provinces. Moreover, the upcoming Ben Luc – Long Thanh Expressway, which will link southern Ho Chi Minh City and the Mekong Delta to Dong Nai and Vung Tau, along with the Bien Hoa – Vung Tau Highway, which connects Binh Duong and Dong Nai to Vung Tau, will further enhance the project’s accessibility and solidify its position as a critical logistics hub.

BW Tan Hiep is the only logistics project within a 5-kilometer radius of Long Thanh International Airport

“We believe the 64-hectare project will become a major logistic hub, significantly boosting air freight activity across Dong Nai and the broader Southeast region,” said Lance Li, CEO of BW.. The first phase of BW Tan Hiep Logistics Park offers a total leasable area of over 95,000 sqm

In addition to BW Tan Hiep Logistics Park, BW has established Ho Chi Minh City’s first and largest e-commerce logistics hub, serving leading e-commerce and last-mile players since 2019. This hub is home to Shopee’s largest and most integrated logistics facility in Vietnam, a built-to-suit sorting center for J&T Express, and a tailored warehouse for Giaohangtietkiem, among others. As the city grows and key infrastructure improvements enhance connectivity, new clusters such as BW Tan Hiep Logistics Park are expected to become increasingly attractive to logistics players.

About BW

BW is Vietnam’s leading logistics and industrial real estate platform with over 9 million square meters of industrial land in prime locations under control across 51 projects in 12 key provinces in Vietnam. BW has been focused on developing for-rent modern warehouses and light industrial to capture the outsized growth opportunities of manufacturing, increasing domestic consumption, and the rapid growth of e-commerce. As of Q4 2023, BW has secured equity commitments of more than US$1 billion from its investors and partners and has formed strategic partnerships with leading global manufacturers, e-commerce, and logistics players to serve one of the fastest-growing markets in Asia.

For more information about BW, please visit https://bwindustrial.com/.

BW

Nhi Nguyen

Deputy Director – Communications