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Singapore to build second airport logistics park to boost Changi's cargo capacity
The Straits Times
|October 04, 2024
Singapore will build a second airport logistics park from 2030 to increase the capacity of the existing park and boost Changi Airport's role as a regional air cargo hub.
This comes at a time when manufacturers globally are exploring new locations for production, which will alter the flow of trade and logistics and lead to higher volumes of cargo passing through Singapore.
The new Airport Logistics Park of Singapore will create new capacity to service more logistics companies, encouraging them to set up their regional distribution centres here, said Deputy Prime Minister and Minister for Trade and Industry Gan Kim Yong on Oct 3.
He was speaking at the inaugural Government-organised Singapore Supply Chain Connect 2024, which brought together around 400 supply chain leaders to discuss how South-east Asia and Singapore are positioned to drive growth in the sector.
This story is from the October 04, 2024 edition of The Straits Times.
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