Singapore Post is on schedule to open its S$182 million (€110m) Regional eCommerce Logistics Hub later this year after celebrating a topping-out ceremony for the building this week.
The 51,375 sqm hub, located on a 3.25 hectare plot of land at the Tampines LogisPark, close to Singapore International Airport, is designed to play a central role in the company’s ambitions to develop into a leading regional e-commerce logistics player in the Asia Pacific region and beyond. It will be fully operational in the second half of 2016, as planned, SingPost confirmed.
The three-floor building will incorporate a parcel sorting centre with a fully-automated sorting system for up to 100,000 parcels a day on the ground floor, two warehousing floors and 150 simultaneous loading bays, and an adjoining office block.
The Regional eCommerce Logistics Hub will see a 30-40% improvement in cost efficiency over the next 10 to 15 years compared to current operations, with the installation of innovative automation systems. It aims to maximise efficiency and productivity, thus resulting in lower operational costs, according to the company.
“The topping out ceremony marks a key milestone for SingPost Regional eCommerce Logistics Hub. It brings us another step closer to fulfilling SingPost’s vision to be the regional leader in eCommerce logistics,” said Sascha Hower, Group COO of SingPost & CEO of Quantium Solutions.
“At S$182 million, the Regional eCommerce Logistics Hub is our largest investment in Singapore to date. It is the first of its kind in Southeast Asia for eCommerce logistics, equipped with cutting-edge technology such as integrated, automated warehousing equipment linked to fully automated parcel sorting systems. SingPost Regional eCommerce Logistics Hub will enable us to further connect the dots in building a regional eCommerce solution in this fast-growing eCommerce market.”
Lee Eng Keat, Director (Logistics), Singapore Economic Development Board, said: "Practice leadership and operations excellence are necessary for companies to thrive in the eCommerce sector. When completed, SingPost’s eCommerce Logistics hub will harness state-of-the-art automation systems to ensure high accuracy, high throughput and low per transaction cost. In addition, the facility will serve as a living laboratory where newer technologies can be tested jointly with technology providers and SingPost’s clients. We are heartened that SingPost recognises productivity as a long-term commitment towards sustainable growth. We are confident that SingPost will continue to raise the bar in operations excellence."
Yam Ah Mee, CEO, Sembcorp Design and Construction Pte Ltd, added: “Sembcorp Design and Construction Pte Ltd is honoured to be awarded this prestigious project to design and build Singapore’s logistics hub for the region. Together with our design and engineering arm, Sembcorp Architects and Engineers Pte Ltd, and our prefabrication specialist subsidiary, Sembcorp EOSM Pte Ltd, we have deployed innovative engineering solutions for the construction of this mega size fast-track development within a short construction duration.”
Susan Goh, Director of JTC’s Logistics & Land Transport Cluster, commented: “We congratulate SingPost on the completion of its Regional eCommerce Logistics Hub. The Hub is strategically located at JTC’s Tampines LogisPark with easy access to expressways and close to key logistics nodes such as the Changi Airport, which we hope will provide quick turnaround time and help accelerate SingPost’s growth as a leading eCommerce provider.”
