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January 19, 2022

BW Industrial Development Joint Stock Company announces significant acquisition in DEEP C Industrial Zones in Quang Ninh

BINH DUONG/QUANG NINH, [19 Jan 2022] – BW Industrial Development Joint Stock Company (“BW”), Vietnam’s leading industrial and new economy real estate developer co-founded by Warburg Pincus and Becamex IDC, recently acquired approximately 74,000 square metres of prime landbank in the Bac Tien Phong Industrial Zone in Quang Ninh, developed by DEEP C Industrial Zones (“DEEP C”). This acquisition marks BW’s first footprint in Quang Ninh province and its third collaboration with DEEP C Industrial Zones, expanding its presence across key industrial markets in the northern part of Vietnam.