Kuehne & Nagel has opened a 50,000 sq.m logistics centre in Singapore to support a range of industries in Asia. It is the logistics group’s largest-ever investment outside of Europe.
The Singapore Logistics Hub will service multiple users and sectors, with a particular focus on pharmaceutical and healthcare companies operating in Asia. The new hub is also located close to Kuehne & Nagel’s South Asia Pacific Solutions Centre in Singapore, which directs the company’s automotive activities in markets including India and Thailand.
At a ceremony to open the warehouse last week that included representatives from Singapore’s government, including the deputy prime minister, Tharman Shanmugaratnam (pictured, left) Kuehne & Nagel’s majority shareholder and honorary chairman of Kuehne & Nagel International, Klaus-Michael Kuehne (pictured, right), pointed to the city-state’s role at the heart of major shipping lanes in Asia and as central to the company’s growth in the Asia Pacific region.
“The Singapore Logistics Hub is Kuehne & Nagel’s largest investment outside Europe and represents our long-term commitment to the market,” he said. “The new facility provides the necessary end-to-end, value-added supply chain capabilities to support our customers through Asia’s complex trade and logistics landscape.”
The Singapore centre will also serve as a ‘regional centre of excellence’ for sectors including high-tech, industrial, pharmaceutical and healthcare customers, Kuehne & Nagel’s first such facility in the region. The centre will include a ‘logistics learning hub’ to drive talent development, training and planning.
“The centre of excellence for logistics innovation is an integral element of Kuehne & Nagel’s strategy to foster continual and operations-related logistics innovations through stronger collaboration with customers, partners and employees,” said Dr Detlef Trefzger, chief executive officer of the Kuehne & Nagel Group. “Global companies are realising that efficient supply chain management can be the differentiator in today’s dynamic business landscape.”