Incheon International Airport Corporation and UPS have officially opened the expanded Express Logistics Center following a 30 billion won investment. The project increases import cargo capacity from 27,000 tons to 190,000 tons per year. This development secures a more stable national supply chain and reinforces Incheon Airport as a leading logistics hub in Northeast Asia despite ongoing global supply chain volatility and regional instability in the Middle East.
Da Nang has marked a major milestone in its maritime development with the completion of shared infrastructure at Lien Chieu Port. A ceremony on March 28 signaled the start of a US$2 billion comprehensive investment project for a new container terminal. This mega-project aims to establish an international transshipment hub in Central Vietnam. It will feature eight berths capable of handling the world’s largest container vessels.
The Ha Noi Municipal People’s Council has passed a landmark master plan with a 100-year vision. This strategy aims to turn the capital into a high-standard global city by 2065. The plan focuses on massive economic growth, sustainable urban models and major infrastructure projects. It sets a target for the city to become one of the most livable capitals in the world through innovation and ecological development.
Mahindra Lifespace Developers has launched the first two residential phases of Mahindra Rainforest in Kanjur, Mumbai. The premium mixed-use project covers nearly 25.47 acres on LBS Marg. With an estimated development value of ₹3,000 crore ($315.6 million), the site will feature 2 and 3 BHK homes alongside retail and commercial spaces. The development focuses on sustainable urban living with over seven acres of dense green space.
Sun Group and Changi Airports International have partnered to manage Phu Quoc International Airport, introducing Vietnam’s first "airport destination" model. The collaboration aims to elevate the site to 5-star international standards, featuring a new terminal and advanced smart technology. With a planned capacity of 24 million passengers annually, the project is designed to transform the airport into a hub for retail, dining and entertainment before APEC 2027.
SLP has officially broken ground on SLP Park Tien Du, a major ready-built factory development in Bac Ninh province. This project marks the eighth venture for the industrial developer in Vietnam. Situated within the Dai Dong Hoan Son Industrial Park, the facility will provide over 74,000 square metres of Grade-A space. The development is designed to meet growing demand for operational-ready infrastructure amongst global manufacturers.
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