Binh Duong’s joint venture with Singapore to build logistics centre

Protrade, a State-owned company in southern Binh Duong province, signed a joint venture contract to build a logistics centre along with Singapore’s YCH Group on October 1.

This is the YCH’s first project in Binh Duong and has a total investment capital of US$14 million.

The Vice Chairman of the provincial People’s Committee Le Thanh Cung said that fits in with the province’s development plan and investment plans.

Once operational, the centre will help to improve the local logistics industry and increase the competitiveness of local logistics companies.

VOV/VNA

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