Warburg Pincus partners Vietnam's Becamex IDC for $200m logistics JV

Warburg Pincus partners Vietnam's Becamex IDC for $200m logistics JV

A woman looks out from a rooftop bar as traffic moves along a road in Hanoi, Vietnam. Photographer: Justin Mott/Bloomberg

Global private equity firm Warburg Pincus has set up a joint venture with Vietnam’s real estate and infrastructure major Becamex IDC Corp (Becamex) to develop institutional-grade industrial and logistics properties across the south-east Asian country, according to a statement.

The JV will be called BW Industrial Joint Stock Company (BWID). Both firms have committed $200 million to the industrial and logistics real estate platform.

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