We are pleased to announce that on July 1, 2024, Nichirei TBA Logistics Vietnam LLC ("NTBA"), a subsidiary in Vietnam, started operation of a distribution center in Long Hau Industrial Park located in Long An Province, Vietnam. With the launch of this center, our operations have expanded across three ASEAN countries, following Thailand and Malaysia. Prior to the start of operations, a completion ceremony was held on June 27, inviting officials from Long An Province, Long Hau Industrial Park, and business partners.

The center is located in a convenient area, with a quick access to two major ports: Cat Lai, the largest port in the Ho Chi Minh City area, and Hiep Phuoc, which is expected to increase its handling of reefer containers.
In addition, southern Vietnam is a major manufacturing area for products exported to Japan, Europe, and the U.S., leading to strong demand for storage of raw materials and finished products.

We will continue to expand our business in the ASEAN region by satisfying the diverse needs of our customers in Vietnam while capitalizing on our expertise in the operation of refrigerated warehouses.

Overview of Distribution Center

Location

Lot D.03, Street No. 01, Long Hau Industrial Park, Can Giuoc District, Long An Province, Vietnam

Capacity

42,985 tons

Loading bays

32

Facilities

Mobile racks, blast-freezing room, solar power systems

References:
Announcement of New business by establishing a joint venture in Vietnam
https://www.nichirei-logi.co.jp/english/news/2022/20230217.html