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Mitsubishi Estate, a famous Japanese real estate developer, held a groundbreaking ceremony for the Logicross Nam Thuan project in Long An on October 18, marking its official entry into Vietnam's logistics facility market.
Takashi Kagamoto, general director of Mitsubishi Estate Vietnam, and delegates conduct the ceremony to kick off construction. Photo: Mitsubishi Estate Strategic location in Nam Thuan Industrial Park
Logicross Nam Thuan is strategically located within Nam Thuan Industrial Park in Duc Hoa district, Long An province, only an hour drive from Ho Chi Minh City. This area is becoming a prime investment destination in southern Vietnam, known for its well-developed infrastructure and investor-friendly policies.
One of the IP’s strengths is its direct connections to major transportation routes such as DT824 and DT10, linking Long An to Ho Chi Minh City and surrounding provinces. The completion of Kenh Tay Road (DT823B) has further enhanced the connectivity, offering seamless access to key logistics infrastructures.
The Logicross Nam Thuan project covers 11.5 hectares and offering approximate 61,200 square metres of modern, ready-built warehouse space across three blocks. One of these blocks is specifically designed to support cross-docking operations, optimising processes and reducing logistics costs.
Logicross Nam Thuan – A ready-built warehouse project strategically located in Long An province. Photo: Mitsubishi Estate Modern logistics hub
Logicross Nam Thuan is promised to become a key logistics hub in the gateway of Mekong Delta. This warehouse ensures optimal storage conditions for a diverse range of goods, making it an ideal choice for various industries, including third-party logistics, express delivery, e-commerce, and fast-moving consumer goods.
According to project representative Keitaro Ito, tenants at Logicross Nam Thuan will benefit from the convenient location which is suitable for last-mile delivery and the flexibility to choose floor sizes tailored to their specific business needs, significantly improving logistics operational efficiency. The project also provides ample electrical capacity for automation systems, while its spacious layout allows for a variety of storage configurations, such as adaptable shelf placement.
Logicross Nam Thuan features 64 dock levelers, 11m clear ceiling height, and a floor loading capacity of three tonnes per sq.m. The warehouse is protected by advanced ESFR sprinkler systems following QCVN and NFPA standards and includes three forklift charging outlets per unit, along with 200-lux LED lighting in warehouses and average 25VA per sq.m electric capacity. A 24/7 security system with advanced monitoring ensures the safety of goods throughout the supply chain.
Sustainability commitment
At the groundbreaking ceremony, Takashi Kagamoto, general director of Mitsubishi Estate Vietnam, commented, "Vietnam’s booming e-commerce sector has created a strong demand for efficient logistics infrastructure. With the vision of creating the future of logistics, Logicross aims to promote the development of valuable logistics facilities to realise a sustainable and prosperous society. We are committed not only to providing modern facilities that meet all tenant needs, but also to prioritising the health and safety of workers. We believe with these efforts, Logicross will become a symbol of innovation and sustainable development in the logistics sector in Vietnam."
The Logicross Nam Thuan project is in the process of applying for LEED certification, underscoring its commitment to providing a safe, modern, and eco-friendly facility for the Vietnamese market. By integrating nature-inspired elements and sustainable features, the project aims to reduce costs for tenants and minimise its environmental impact.
Following the remarkable movement of Logicross Nam Thuan, Mitsubishi Estate plans to expand its footprint in northern Vietnam with another Logicross project in Haiphong.
Contact Information: Mitsubishi Estate Vietnam Co., Ltd
Address: 15F, Saigon Centre Tower 2, 67 Le Loi, Dictrict 1, HCMC
Phone: (+84) 28 7302 6006
Website: https://logicross.vn/LinkedIn: Logicross Vietnam
About Mitsubishi Estate Co., Ltd.
Founded in 1937, Mitsubishi Estate Co., Ltd. is one of Japan's largest comprehensive real estate developers. The company's journey began with the acquisition of the Marunouchi site in 1890, which has since been developed into Japan's biggest business district. Over the decades, Mitsubishi Estate has consistently expanded its operations across diverse sectors.
Mitsubishi Estate introduced the Logicross brand in 2014 to lead its logistics facility business in Japan. With 23 successful Logicross projects completed across Japan, Vietnam has been selected as the Logicross’s first overseas market, marking a significant milestone in its global expansion and highlighting the region's increasing demand for world-class logistics facilities. Logicross provides tailored logistics solutions that meet the diverse needs of tenants, all while envisioning the future of logistics by integrating contemporary values and innovations.
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