Singapore Post Limited has opened the doors to a new regional e-commerce logistics hub located at the Tampines Logistics Park, Singapore.
According to the company, the S$182 million (€197 million) facility is SingPost’s largest e-commerce logistics investment in Singapore to date.
“The opening of our regional e-commerce logistics hub is another milestone in the expansion of SingPost’s e-commerce logistics network, which now spans 19 markets across Asia Pacific, Europe and the US,” said Simon Israel, SingPost Chairman.
“Singapore’s regional connectivity makes it ideally positioned to be a centre for e-commerce. Our [hub] leverages on this geographic and infrastructural advantage. Everything in this building is scalable, which means we can keep upgrading it to meet the needs of the future.”
The new logistics hub was officially opened by Singapore’s Deputy Prime Minister and Coordinating Minister for Economic and Social Policies, Tharman Shanmugaratnam.
The three-storey facility houses two warehousing floors, 150 simultaneous loading bays as well as an office block. The ground floor of the building is fitted with a fully automated parcel sorting system with a capacity of up to 100,000 parcels a day, and end-to-end sorting, shipping and returns management capabilities that are said to enabl quicker order fulfilment.
Automation will also play a vital role in the eComm Log Hub, with a fully automated parcel sorting system on the first floor. The eComm Log Hub will process parcels for delivery within Singapore and those to be shipped to destinations worldwide.
“IE Singapore has been working closely with SingPost on strategies to scale its business in the region, facilitating its projects and partnerships with both brand owners and last mile fulfilment players,” said Chua Taik Him, Deputy Chief Executive Officer of IE Singapore. “Given the strong growth of e-commerce in Southeast Asia, the launch of SingPost’s facility will further support its local and overseas growth. This will also enhance Singapore’s capabilities in fulfilment and facilitate more regional e-commerce trade flows.”