Danish infrastructure fund A.P. Møller Capital has taken a significant step into Vietnam’s logistics sector by investing in ALS Cargo Terminal located at Noi Bai International Airport in Hanoi. This strategic investment is part of the fund’s Emerging Markets Infrastructure Fund II and is undertaken in collaboration with Vietnamese investment firm VinaCapital. The partnership highlights a growing trend of international investments funneling into Vietnam’s rapidly expanding economy.
The ALS Cargo Terminal is currently equipped to handle an impressive 250,000 tonnes of cargo each year, and there are ambitious plans in place for expanding this capacity. As Vietnam’s trade flows grow rapidly, the terminal aims to scale up its operations to meet this increasing demand. Jens Thomassen, Partner at A.P. Møller Capital, emphasizes that enhancing the terminal’s capabilities will hinge on integrating automation and sustainability into its framework.
In Thomassen’s words, “Gaining access to this sector requires trust, local partnerships, and a proven ability to deliver.” His statement underscores the importance of building reliable relationships in new markets—especially in the logistics sector where efficiency and reliability are paramount. The global transport heritage of A.P. Møller Capital and its extensive track record in infrastructure development were instrumental in securing this opportunity.
VinaCapital, a prominent player in Vietnam’s investment landscape, also emphasizes the broader implications of the investment. Don Lam, CEO of VinaCapital, notes that improving infrastructure and logistics is critical to maintaining Vietnam’s strong economic growth. This partnership marks not just a financial transaction, but a crucial step toward elevating the logistics framework of the nation, positioning it for continued success on the global stage.
Phung Tien Toan, the founder of ALS, has expressed his optimism regarding the collaboration. He anticipates that the influx of global expertise and capital will bolster ALS’s position at Noi Bai and enable it to become a leader in Vietnam’s burgeoning logistics sector. This partnership serves as a reminder that local firms stand to gain significantly from foreign investment, gaining access to resources and know-how that can drive innovation and growth.
This deal also marks A.P. Møller Capital’s third investment in Southeast Asia through its Emerging Markets Infrastructure Fund II, complementing its existing renewable energy projects in Vietnam. Such diversification of investment portfolios demonstrates a keen awareness of the interconnected nature of different sectors and their roles in driving overall economic development.
The essence of this investment encapsulates a significant moment for Vietnam—a country poised to solidify its status as a regional logistics hub. Through the collaboration of local and international players like A.P. Møller Capital and VinaCapital, the logistics infrastructure is set to undergo meaningful transformations, enhancing overall efficiency and service delivery in the sector.
Source: A.P. Møller Capital