Kuehne + Nagel announced the unveiling of its Singapore Logistics Hub, a 50,000 sq m facility located in the west of Singapore. The facility is expected to form part of Kuehne + Nagel’s regional expansion plan to support its supply chain clients operating within Singapore and the ASEAN countries.
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 have 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.”
Located near pharma and healthcare hubs, manufacturers and ports, the Singapore Logistics Hub provides 46,000 sq m of warehousing space. Aside from freight and warehousing service offerings, the new facility is expected to serve as a regional centre of excellence for high-tech, industrial, pharmaceutical and healthcare customers, offering supply chain optimisation and value-chain transformation solutions.
According to the announcement, more than 40 per cent of the new logistics hub has been furnished with chilled storage, redressing and postponement facilities which are expected to support pharmaceutical and healthcare companies operating in Asia. In combination with Kuehne + Nagel’s logistics solution, KN PharmaChain, the Singapore Logistics Hub is planned to offer a one-stop end-to-end supply chain solution to the industry.
The Singapore Logistics Hub is planned to include Kuehne + Nagel’s first centre of excellence for logistics innovation in the region. Dr. Detlef Trefzger, Chief Executive Officer of the Kuehne + Nagel Group, said, “The centre of excellence for logistics innovation is an integral element of Kuehne + Nagel’s strategy to foster continual and operations-related logistics innovation through stronger collaboration with customers, partners and employees. Global companies are realising that efficient supply chain management can be the differentiator in today’s dynamic business landscape. The centre of excellence will allow us to work alongside our customers and partners in developing technologies and business strategies that are pragmatic and enhance supply chain efficiencies.”