HAI PHONG: Jeil Group from the Republic of Korea (RoK) on February 25 held a ground-breaking ceremony for its Jeil Logistics 1 project in Nam Dinh Vu Industrial Park in the northern port city of Hai Phong. Speaking at the ceremony, Chief Financial Officer of Jeil Group Kim Eun-sook said that the group, established in 1978, is currently ranked 15th among construction contractors in the RoK.

According to Vietnam News Agency, the project marks a significant step for Jeil Group as it expands its logistics capabilities in the region. The Nam Dinh Vu Industrial Park, where the project is located, is a key area for industrial development in Hai Phong, offering logistical advantages for businesses operating in the northern part of Vietnam. The establishment of the Jeil Logistics 1 project is expected to enhance the group’s operations and contribute to the development of the local economy.

The Jeil Group has been in operation since 1978 and has built a reputation in the construction industry. Its ranking as the 15th largest construction contractor in the Republic of Korea highlights its influence and capabilities within the sector. The new logistics project in Hai Phong is part of the group’s strategic efforts to expand its footprint and optimize its logistical operations in Southeast Asia.