Singapore's CapitaLand focuses on Vietnam as supply chains leave China

Property manager also eyes industrial park in Malaysian special economic zone

20240624 Thailand CapitaLand Omega 1 Bang Na Logistics

A rendering of CapitaLand Investment's OMEGA 1 Bang Na automated storage facility in Thailand. The company plans to add industrial assets in the country, Malaysia and Vietnam. (Image courtesy of the company)

DYLAN LOH, Nikkei staff writer

SINGAPORE -- Singapore-listed property manager CapitaLand Investment plans to deploy up to $110 million in Vietnam to build or acquire industrial factories, expecting demand from manufacturers following supply chains out of China.

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