Panalpina has announced the construction of a new 30,000 sq m facility in Singapore. The new facility will be built at Pioneer View, near Jurong Bird Park, where the city-state is developing a new deep-water port to keep up with ocean freight growth. It will be ready for multi-customer use in early 2018.
Panalpina says it has purchased the facility outright, rather than leasing it, due to high rental prices. It intends to make full use of the facility, with a full yard and container storage on the rooftop and the ability to store containers up to two levels high. The new multi-user facilities reportedly represent Panalpina’s largest warehousing investment outside Europe in the country’s history and will take its total warehousing footprint in Singapore to 100,000 sq m.
Matthew Gallagher, Head of Sales in Singapore, said “Singapore is a very important consolidation hub for ocean and air freight. We plan to offer our services in this area including value-added logistics services to new customers particularly in the healthcare, technology, manufacturing, consumer and retail as well as fashion industries. And, of course, we will continue to service existing customers including global telecom equipment manufacturers, sporting goods retailers and medical equipment companies…96 out of our top 100 customers globally have a base in Singapore, it makes perfect sense to extend our capabilities here.”