DB Schenker invest in Singaporean facility
Supply chain specialists DB Schenker Logistics have have invested 41 million euros into a new integrated logistics facility at the Changi International Airport, Singapore.
The new facility comprises of a shared warehouse for customers for various industries such as Healthcare, Electronics and Automotive. The facility, located at the Tampines LogisPark, will have a gross floor area of approximately 54,520 square meters over three floors.
According to a statement by DB Schenker, the new facility is already earmarked to be awarded Green Mark Gold Plus, as a highly effective green building, features a composite wall panel, rainwater management system and energy efficient air conditioning.
"This new facility represents our largest investment in the region to date and acknowledges the continued attractiveness of Singapore as a location to conduct logistics operations. This facility is a key element of our Shared Logistics Center Strategy that will see many new sites developed across the Asia Pacific Region in the coming years," said Darren Wedding, Senior Vice President - Contract Logistics/SCM, Region Asia Pacific, DB Schenker.
DB Schenker is currently one of the leading providers of contract logistics and supply chain management solutions in Singapore. With a current warehousing space capacity of more than 212,000 square meters, the new facility is expected to be completed in calendar year Q2 2014.