IFC ties up with SG’s YCH Group, Vietnam’s T&T to bolster logistics project in SE Asia

IFC/World Bank HQ. Photo: IFC

The International Finance Corporation (IFC), a member of the World Bank Group has partnered with Singapore’s YCH Group and Vietnam’s T&T Group to develop a logistics project in Vietnam with a total investment of around $300 million, according to an announcement.

Located roughly 60 kilometres outside Hanoi, the Vinh Phuc Inland Container Depot (ICD) Logistics Centre (Vietnam SuperPort) project will be developed by T&Y Superport Vinh Phuc Joint Stock Company, a joint venture between leading logistics company YCH Group and T&T Group (the sponsors).

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