LOTTE Global Logistics builds a $34 million cold chain facility in Dong Nai

LOTTE Global Logistics builds a $34 million cold chain facility in Dong Nai

On March 19, LOTTE Global Logistics, a subsidiary of South Korea’s LOTTE Group, broke ground on a cold chain facility at Nhon Trach Industrial Complex in the southern province of Dong Nai with a total investment of nearly $34 million.

Spanning across an area of 5.5 hectares with a total usable area of ​​over 2.6ha, the Dong Nai Cold Chain Logistics Centre boasts a cold storage warehouse and a conventional storage facility. It is slated to be put into full operation in May 2026.

The facility offers comprehensive logistics services, including import and export, storage, and delivery. It also features cold storage and distribution capabilities for a wide range of product groups, including fresh foods and high-value-added items.

The venture not only enhances the company's logistics capabilities in Vietnam but also facilitates the expansion of South Korean small and medium-sized enterprises in the country. The initiative follows an MoU signed between LOTTE Global Logistics and Korea Ocean Business Corporation in May 2024 to bolster global logistics supply chains.

In addition, the facility also plans to collaborate with the Korea Trade-Investment Promotion Agency as a logistics support centre. The collaboration will address logistics difficulties faced by helping South Korean companies with tailoring consulting services suitable for local conditions.

A representative from LOTTE Global Logistics said, "We plan to continue expanding our logistics domain centred on this facility to provide services covering all of Vietnam. We aim to elevate it as a central hub leading Vietnamese distribution logistics."

In Vietnam, LOTTE Global Logistics has built and operated five warehouses in key areas nationwide. In the Mekong Delta region, its cold storage warehouse for rent in Long Hau Industrial Park has been operational since 2008, with a capacity of 25,000 pallets. The Dong Nai Cold Chain Logistics Centre is the latest venture in the key port area of ​​southern Vietnam.

Moving forward, the South Korean company will scale up its operation to other localities, including a 7,400-pallet cold storage facility in Binh Minh Industrial Park, Vinh Long province, with a capacity of 7,400 pallets.

VIR