The Swiss-based land, air and sea logistics giant has just unveiled their new Singapore Logistics Hub. Erection of the 50,000 sq. metre building started in the last quarter of 2014 and was completed during the last days of 2015.
Centre of Excellence for industries in the Asia Pacific region
The new building of which 46,000 sq. metres are dedicated warehouse space is situated next to Singapore’s own pharmaceutical and healthcare hubs as well as being in the direct vicinity of the Singapore ports and major manufacturing companies.
Kuehne + Nagel’s aim is to dedicate a large portion of the warehouse space to what it terms as ‘regional centre of excellence for high-tech, industrial, pharmaceutical and healthcare clients.’ They state that this will offer customers an optimised supply and value chain for their products.
Chilling in & out
Of interest is K+N’s decision to dedicate over 40 percent of the total space to advanced chilled storage facilities in order to capitalize on what they see as the increasing demand for cooling space by the pharma and healthcare companies in the region.
The K+N management is convinced that the Singapore Logistics Hub will provide a regional one-stop end-to-end supply chain solution.
Promoting talent in the region
The new facility will also include what K+N terms as a Logistics Learning Hub.
The aim here is to promote and drive the development and training of new young business talent in the area. The company also works closely with the Singapore Economic Development Board in promoting employee innovation and education.
The economic board’s chairman Dr. Beh Swan Gin stated during the opening ceremony that “we are pleased and honoured to have a long-standing partner in Kuehne + Nagel to travel with us on this exciting journey.”
Expansion in Asia plays an important role
K+N’s main shareholder and Honorary Chairman, Klaus-Michael Kuehne said “Singapore is located at the heart of major shipping lanes in Asia. We have identified its pivotal role to regional trade 46 years ago and it remains today an important part of our growth strategy in Asia.”
It is just over a year ago, in November 2014, that Kuehne + Nagel also opened a new and ultra-modern logistics centre in Sydney, Australia.
This facility stretches over 20,000 sq. metres and has eight truck docks for speedy delivery and pick-up of goods.
Where will the next one be built?
John Mc Donagh