Seoul, June 10 -- The Korea Overseas Infrastructure & Urban Development Corporation (KIND) has joined the development of a smart logistics centre in Long Thanh High-Tech Industrial Park in the southern city of Dong Nai, marking the latest expansion of the Republic of Korea (RoK)'s investment in Vietnam's logistics infrastructure sector.

According to KIND, the project has officially broken ground with a total investment of 56 billion KRW (41.3 million USD).

The corporation said it will contribute 10% of the project's equity to support implementation. The logistics centre is being developed on a 4-hectare site within Amata City Long Thanh, an industrial park developed by Thailand's leading industrial estate developer Amata Corporation.

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