Warburg Pincus, leading global private equity firm focused on growth investing, and Becamex IDC Corp, the largest industrial real estate developer in Vietnam, announced today the official launch of their joint venture BW Industrial Development Joint Stock Company (“BW Industrial”) in Vietnam.

With over 2,000,000 square meters of projects under development and initial investment of over US$200 million, BW Industrial is the largest ‘for-rent’ industrial and logistics developer in Vietnam.