To cater to its expanding e-commerce logistics business and the growing market, Singapore Post (SingPost) is investing about S$182 million to develop a three-storey eCommerce Logistics Hub in Tampines LogisPark. The company said in a statement on Tuesday (Oct 14) that the e-commerce logistics market in Asia Pacific is estimated to grow to more than US$175.24 billion by 2016, and the new logistics hub...
Tampines LogisPark
Global logistics firm, DHL Supply Chain, has unveiled plans to build its Advanced Regional Centre at Singapore’s Tampines LogisPark. The facility is a joint investment worth S$160 million between DHL and Cache Logistics Trust, a Real Estate Investment Trust (REIT). It is expected to increase the company’s warehouse capacity in Singapore by 40 per cent, create another 500 jobs, and further strengthen...