A.P. Moller Capital, a global fund manager focused on high growth markets, and local investment company VinaCapital, have set up a platform for investments in transportation and logistics infrastructure in Viet Nam.
With a population of close to 100 million, a consistent GDP growth rate of over 5 per cent, and a strong and reliable regulatory and investment climate, Viet Nam offers clear high growth opportunities in transportation and logistics.
A.P. Moller Capital is an infrastructure fund manager with expertise, networks and people focused in the logistics and transportation sectors.
The partnership, majority-owned by a fund managed by A.P. Moller Capital, marries this with VinaCapital’s local expertise to build and scale a portfolio of assets that target top quartile returns.
Investment and other major decisions will be made jointly.
Dhruv Narain, partner at A.P. Moller Capital, said: “We are delighted to be building an asset portfolio that does well for our investors whilst doing good for communities in high growth markets - doing this in Viet Nam with a committed and reputable partner like VinaCapital is a privilege."
Andy Ho, chief investment officer at VinaCapital, said: "Logistics is a critical part of Viet Nam’s economic growth story, and VinaCapital has a successful track record in the sector over the 20 years we’ve been in business, including investments in Gemadept and Transimex, as well as warehouses and industrial parks.
“Our partnership with A.P. Moller Capital brings together two of the most experienced players in their respective fields and creates an investment platform that has the potential to transform the logistics industry in Viet Nam.” — VNS