Singapore Eyes Further Expansion of Logistics Sector

Singapore aims to create 2,000 jobs for professionals, managers, executives and technicians in the logistics sector over the next five years, under a new industry roadmap launched last week.

Artist’s impression of JTC Logistics Hub @ Gul
Artist’s impression of JTC Logistics Hub @ Gul

The roadmap sets out the transformation plan for the logistics industry, and is the fourth industry-specific roadmap to be launched by the Government. The transformation of the logistics sector is expected to achieve a value-add of S$8.3 billion (US$5.8b) over the next five years.
Under the roadmap, the Singapore government will work with key enterprises to implement new technologies and invest in infrastructure solutions that will support automation. This includes next-generation facilities with high specification units that encourage the co-location of companies.

Housing industry under one roof
The roadmap was launched at a groundbreaking ceremony of the  JTC Logistics Hub @ Gul, Singapore’s first high-rise multi-tenanted logistics facility, which will house container depots, warehouses and a heavy vehicle park all within a single development will be completed by 2019.
When completed, the facility, which sits on a site area of 5.8ha, will be able to house about 30 warehouse units sized between 2,100 and 2,800sqm, and up to 4 container depot units with a maximum of 6,500 TEUs per floor.
By housing everything under one roof, the new hub will enable logistics players to cut down travelling time, reduce fuel costs and improve operational efficiency.
To improve traffic and system flows, JTC also has signed a memorandum of understanding with the Container Depot Association of Singapore (CDAS) to develop a traffic management system and warehouse booking system for the logistics hub.

Nol van Fenema

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