It will support the increase in the country’s air cargo handling capacity from 3 million tonnes per annum to 5.4 million tonnes
SINGAPORE will develop a second Airport Logistics Park (ALPS2) from 2030 onwards to boost cargo handling capacity and help cement the country’s role as a regional logistics hub.
Along with the planned Changi East Industrial Zone and remodelling of the Changi Airfreight Centre, ALPS2 will support the increase in Singapore’s air cargo handling capacity from 3 million tonnes per annum to 5.4 million tonnes per annum.
Announcing the plans on Thursday (Oct 3), Minister for Trade and Industry Gan Kim Yong said: “The addition of ALPS2 will increase the vibrancy of Changi air cargo hub ecosystem and help to maintain Singapore’s relevance and centrality as a critical node in the global supply chains.”
Gan, who is also deputy prime minister, was speaking at the Singapore Supply Chain Connect 2024 conference – at Marina Bay Sands.
The new park will allow Singapore to host more logistics companies and their activities, which could include regional distribution centres and freight-forwarding.
Like the first Airport Logistics Park (ALPS), the new one will also be a free-trade zone. This will allow third-party logistics services to receive and redistribute cargo quickly.
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ALPS2 will be part of Changi Aviation Park that includes ALPS, Changi Airfreight Centre and the upcoming Changi East Industrial Zone. This will allow for easier transportation of cargo between the existing facilities in the area. The land area of ALPS2 was not revealed.
The first Airport Logistics Park opened in 2003 to cater to regional demand for third-party logistics services.
Operated by JTC Corporation, the 26-hectare site is at full capacity, with occupants such as DB Schenker, DHL, FedEx and UPS.
Singapore is the busiest transhipment hub in the world, and 22 of the top 25 global third-party logistics service providers have established a presence here.
The conference is organised by the Singapore Economic Development Board and will run from Oct 3 to Oct 4. It is expected to see the attendance of more than 400 senior supply chain and business leaders.
