GAC lands in Vietnam, sets sights on renewables revolution
GAC Group has continued its expansion in Southeast Asia and the Asia-Pacific region with the opening of a new office in Ho Chi Minh, Vietnam. GAC partnered with SME Logistics to open its first-ever office in the country, with the aim to support customers at ports along the Saigon River with an integrated portfolio of shipping, logistics and marine services to a wide range of sectors, including dry and liquid bulk, liners, FMCGs and offshore energy.
“We have been active in Vietnam for many years through our work with local partners and agents, but the time is now right to set up our own operational office in Vietnam. The combination of GAC’s global network with the strong local presence and know-how of SME Logistics will mark a new chapter for us to better serve our customers and deliver their strategy,” says Daniel Nordberg, GAC’s Group Vice President, Asia Pacific & Indian Subcontinent.
GAC eyeing renewables sector involvement
GAC Group has made an entry into Vietnam at the time when the country is undergoing its own renewable energy revolution, aiming to be net zero by 2050. Vietnam is planning to scale up its wind-power generation capabilities to about 30 percent by 2050, up from 5 percent currently, with more than 120 offshore wind farm projects currently under scheduled for construction.
“The push for renewables is a key focus for GAC. We are now leveraging our decades-long expertise in offshore development projects, including offshore wind ones, to ramp up support for renewables projects and are set to play a critical part in Vietnam’s journey to net-zero,”’ says Erland Ebbersten, GAC’s Group Vice President, Marine and Energy.
The launch of the new facility is also a response to growing customer demand for shipping and logistics services in the region, as well as providing an opportunity to support exploration, production and maintenance operations for Vietnam’s burgeoning offshore wind farm projects.
“Our new office in Ho Chi Minh is a reflection of GAC Group’s commitment to serving and supporting our customers in Southeast Asia, as well as the wider Asia-Pacific region, which continues to show significant growth in a number of sectors, including the offshore energy industry,” Nordberg adds.
GAC’s office in Vietnam follows the opening of a new office in Taichung, Taiwan, in November 2022 to support growing customer demand and provide offshore operations services.