Kuehne + Nagel has unveiled a 50,000 sq m logistics hub located in the west of Singapore.
Klaus-Michael Kuehne, majority shareholder and honorary chairman of Kuehne + Nagel International AG, said: “Singapore is located at the heart of major shipping lanes in Asia. We identified its pivotal role to regional trade 46 years ago and it remains today an important part of our growth strategy in Asia Pacific.
“The Singapore Logistics Hub is Kuehne + Nagel’s largest investment outside Europe and represents our long-term commitment to the market. The new facility provides the necessary end-to-end, value-added supply chain capabilities to support our customers through Asia’s complex trade and logistics landscape.”
The hub provides 46,000 sqm of warehousing space. As well as the standard freight and warehousing service offerings, the new facility will serve as a regional centre of excellence for high-tech, industrial, pharmaceutical and healthcare customers, offering supply chain optimisation and value-chain transformation solutions.
More than 40 per cent of the new logistics hub has been furnished with advanced chilled storage, redressing and postponement facilities to support the growing base of pharmaceutical and healthcare companies operating in Asia.