What significance does a strategic location hold for the LIC model?

30November 2023
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The LIC model not only plays a crucial role in reducing logistics costs but also streamlines transportation processes, saving time and labor.

The LIC (Logistics Industrial Cluster) model is seen as an effective solution in supply chain management. It not only plays a crucial role in reducing logistics costs but also streamlines transport processes, saving time and labor.

✅When deciding to invest in this ecosystem, any company considers the effectiveness and feasibility of the project, which heavily relies on its location. In reality, a logistics hub isn't just a warehouse; it provides multi-modal transport services, especially within the LIC model, transporting goods from industrial parks and factories. Hence, convenient access to roadways, railways, airways, and seaways is absolutely essential.

✅As such, projects undertaken by the Western Pacific Group all boast prime locations in key economic areas. For example, the logistics industrial cluster within the Yen Phong II-A Industrial park in Bac Ninh province, covering an area of 158.8 hectares, strategically sits adjacent to National Highway 18 and the Hanoi-Thai Nguyen expressway. Additionally, it's only 3km from the Samsung factory and 15km from Noi Bai International Airport. Envisioned to be a regional goods transportation and distribution center, the project has attracted numerous multinational investors.

✅The current efficiency of the LIC model firmly establishes its substantial competitive advantage over traditional logistics methods. Beyond being a mere transport hub, LIC offers a closed, synchronized process from production infrastructure, leveraging renewable energy and a high-quality workforce alongside comprehensive logistics services.

Source: Western Pacific Group
 
 
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