Australian logistics provider Toll Group is to build a hub in Singapore to capitalise on the new mega-port coming to the western part of the city-state.
On 27 July, Toll, now part of Japan Post, said it would build a 100,000 m² Toll City logistics hub in Singapore’s Tuas industrial estate, where the new port is scheduled to open in about 2021.
The hub, to cost SGD228 million (USD166 million), will open in mid-2017.
The five-level facility will have advanced automation systems to improve productivity and operating efficiency for Toll’s customers in Singapore and in the region. These include high-speed unit picking, voice picking, and intelligent conveyor systems.
Toll Global Logistics CEO Chris Pearce said the development was a key part of Toll’s strategy to expand its business in the region.
“The size and scope of this investment is a testament to Toll’s intent to achieve supply chain excellence in Asia-Pacific for its customers,” Pearce said.
“Toll City will redefine warehousing solution options for its customers through leading-edge technology and innovation in a world class facility. We will be ready to increase Toll’s productivity and meet warehousing capacity demand in a region that is set to become one of the largest economic blocs in the world.”
The new mega-port will handle up to 65 million teu /year, double Singapore’s current capacity.
This post was sourced from IHS Maritime 360: View the original article here.
