Tatsuya Ito, general director of the company, said the 2.25ha would have a steel structure covering nearly 6,300sq.m and eight container entry points to meet a variety of cargo handling needs.

The warehouse would also have a shelving system and flat floor areas to store various goods.

Situated in an industrial park 2km from the Cai Mep–Thi Vai International Port and connected to national highways and airports, it is expected to become one of the key logistics centres in the southern province, meeting the needs of enterprises in the park but also elsewhere in the province and even neighbouring provinces.

It will focus on developing integrated logistics services, including transportation agency, warehousing and storage, customs procedures, packaging and labelling of goods for distribution and others.

It is expected to be completed and put into operation next April.

Nguyen Thi Thao Nhi, chairwoman and general director of the Phu My 3 park, said the facility would help reduce costs for and provide value to investors.

“We strongly believe that this logistics centre will be expanded to have a second and third warehouse in three to five years.”

VJS is a joint venture between Thanh Binh Phu My Joint Stock Company and Japan’s Shirogane Transport Company Ltd.

The former is the main developer of infrastructure at the park, a key component of the province’s Economic Growth Programme of the Japan International Cooperation Agency (JICA) to develop a synchronous and modern industrial park to ensure sustainable development.