On the morning of October 10, 2025, the groundbreaking ceremony for SPX Express’ largest sorting center in Southeast Asia was solemnly held at Industrial Centre Yen My, Hung Yen Province. The event was attended by the Ambassador Extraordinary and Plenipotentiary of the Republic of Singapore to Vietnam, representatives from the Singapore Enterprise & Trade Promotion Agency, SPX Express and SEA Group, the Clients Frasers Property Vietnam and Gelex Group, the Design & Build General Contractor SOL E&C, along with consulting firms, partners, subcontractors, and suppliers.

The Groundbreaking's key moment

The project in Hung Yen is developed under a special built-to-suit model tailored to SPX Express’ operational requirements, and it is also the first sorting center in Vietnam to feature a two-level cross-dock design, enabling fully independent traffic flows on separate levels. This design allows for parallel operations, optimizing logistics processes and significantly reducing parcel transfer time. The center is equipped with 158 loading docks, directly connected to over 700 sorting points nationwide, with a handling capacity of up to 7 million parcels per day, making it SPX’s largest automated sorting hub in Southeast Asia. As the Design & Build General Contractor, SOL E&C is responsible for the overall design, structural construction, architectural finishing, M&E system installation, and infrastructure works of the project.

The Project's perspective

Mr. Edwin Tan, Deputy CEO, Frasers Property Vietnam and Managing Director, Industrial & Logistics (Southeast Asia), said that Fraser Property Vietnam was pleased to once again partner with SPX Express with this significant collaboration. Frasers Property’s proven track record in Vietnam has helped many multinationals establish and sustainably grow their manufacturing and supply chain footprint in the market. A built-to-suit project to the scale of SPX’s largest automated sorting centre in Southeast Asia is a testament to our commitment to deliver best-in-class solutions for our customers, helping them scale efficiently and capture new opportunities within the region.

Mr. Edwin Tan, Deputy CEO, Frasers Property Vietnam and Managing Director, Industrial & Logistics (Southeast Asia)

Also at the event, Mr. Jaya Ratnam – Ambassador Extraordinary and Plenipotentiary of the Republic of Singapore to Vietnam, spoke about the longstanding and strong partnership between Vietnam and Singapore. He expressed his belief that the SPX Express Sorting Center project will further strengthen the bilateral cooperation between the two nations.

Mr. Jaya Ratnam – Ambassador Extraordinary and Plenipotentiary of the Republic of Singapore to Vietnam

Representing the Management Board of Industrial Parks in Hung Yen Province, Mr. Vũ Quốc Nghị - Head of the Board, shared his remarks on the significant contribution of the SPX Express Sorting Center project in particular, and the Industrial Centre Yen My as a whole, to the province’s development. He also highlighted Hung Yen’s strong growth potential as one of the key logistics gateways of Northern Vietnam. Mr. Nghị called on the investor and contractors to focus resources and work closely with local authorities to ensure safe, high-quality, and on-schedule construction. He expressed his confidence that, with the strong commitment of Frasers Property’s leadership and the active support of government agencies, Phase 2 of the project will be completed ahead of schedule and pave the way for Phase 3 and future developments.

Mr. Vũ Quốc Nghị - Head of the Board of Industrial Parks in Hung Yen Province

Ms. Quyen Tran, Director of SPX Express Vietnam, shared that The Hung Yen sorting centre marks a significant milestone in SPX’s journey to strengthen its presence and support sustained growth in Vietnam. It reflects our commitment to building a faster, smarter, and more resilient logistics network that meets the evolving needs of consumers and businesses nationwide. Made possible through close collaboration with Frasers Property and strong support from government partners, this new centre underscores our commitment to building a more connected and sustainable digital economy in Vietnam.

Ms. Quyen Tran, Director of SPX Express Vietnam

At the groundbreaking ceremony, Mr. Phạm Văn Tại - Operations Director of SOL E&C, expressed the honor to once again be entrusted by the Clients, Frasers Property Vietnam and Gelex Group, as the Design & Build General Contractor for the SPX Sorting Center project in Hung Yen Province. With extensive experience in executing numerous FDI industrial projects and the proven success of the SPX Automated Sorting Center at BDIP Premium Industrial Park in Ho Chi Minh City, SOL E&C reaffirms its commitment to delivering safe, high-quality, and on-schedule construction, meeting the highest standards and expectations of the Clients.

Mr. Phạm Văn Tại - Operations Director of SOL E&C

SOL E&C and Frasers Property Vietnam have been strategic partners across multiple key projects from the South to the North of Vietnam. In the Southern region, the two companies successfully collaborated on both phases of the BDIP Premium Industrial Park as well as the SPX Automated Sorting Center in Ho Chi Minh City. In the North, SOL E&C, together with Frasers Property Vietnam and Gelex, has successfully delivered Phase 1 of the Industrial Centre Yen Phong Expansion project and continues to partner in the implementation of Phase 2.

Delegates took a commemorative photo at the groundbreaking ceremony.

The continued success in maintaining long-term partnerships with existing clients serves as a clear proof to SOL E&C’s sustainable development, capability, and brand reputation in the construction industry. In addition to the two projects developed by Frasers Property Vietnam and Gelex, the company is currently executing a series of high-quality industrial projects across both the North and South of Vietnam - notably including Spectre’s advanced garment technology factory in Hung Yen Province; Zili Holdings’ manufacturing plant; Stanley Black & Decker’s “The South Project – Compass II” factory; and the BM Windows Factory, all located in Ho Chi Minh City.

Project Management Team of SPX Express’ Largest Sorting Center in Southeast Asia.