Illustrative picture (Picture: VNA) HCM Metropolis (VNA) – VinaCapital, Vietnam’s most diversified asset supervisor, and A.P. Moller Capital, a world fund supervisor targeted on
excessive development markets, have arrange a joint platform to
develop and scale investments in transportation and logistics infrastructure in
Vietnam.
With a inhabitants of
near 100 million, a constant GDP development charge of over 5%, and a powerful and
secure regulatory and funding local weather, Vietnam presents clear excessive development
alternatives in transportation and logistics.
The partnership,
which might be majority-owned by a fund managed by A.P. Moller Capital, brings
collectively this sector experience with the regional data and experience of
VinaCapital, each leaders of their respective spheres, to construct and scale a
portfolio of belongings that focus on high quartile returns in a non-public capital
construction. Funding and different main choices might be made collectively.
Dhruv Narain,
Associate at A.P. Moller Capital, mentioned: “We’re delighted to be constructing an asset
portfolio that does nicely for our traders while doing good for communities in
excessive development markets – doing this in Vietnam with a dedicated and respected
associate like VinaCapital is a privilege.”
Andy Ho, Chief
Funding Officer at VinaCapital, mentioned logistics is a essential a part of
Vietnam’s financial development story, and VinaCapital has a profitable observe document
within the sector over the twenty years, together with investments in Gemadept and
Transimex, in addition to warehouses and industrial parks. Partnership with
A.P. Moller Capital brings collectively two of essentially the most skilled gamers in
their respective fields and creates an funding platform that has the
potential to rework the logistics trade in Vietnam.
“We’re excited to work with the staff
at A.P. Moller Capital to establish and put money into promising Vietnamese logistics
firms and contribute to the sector’s development and improvement”, he mentioned./.
VNA