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PSA BREAKS GROUND FOR ITS NEW SUPPLY CHAIN HUB NEAR TUAS PORT
October 18, 2024

PSA Singapore (PSA) has unveiled its new supply chain hub located near Tuas Port, which will further strengthen Singapore's position as a major global logistics and supply chain hub.

 

The PSA Supply Chain Hub @ Tuas (PSCH), a central part of its strategic expansion within Tuas Port, held its groundbreaking ceremony on October 18.

 

PSA noted that the state-of-the-art facility, scheduled to be ready by 2027, is poised to transform the logistics and supply chain landscape in Singapore.

 

"Strategically situated next to Tuas Port within the Free Trade Zone, the PSCH will be seamlessly integrated with Singapore's extensive supply chain ecosystem, offering unparalleled connectivity and scale as a Regional Distribution Centre and a Container Freight Station," the announcement said.

 

"Its comprehensive suite of value-added services and the supply chain synergies it creates will further strengthen Singapore's position as a global logistics and supply chain powerhouse," it added.

 

PSA said PSCH, which will span more than two million square feet, will be equipped with cutting-edge technologies such as advanced robotics and automation systems, including the Automated Storage and Retrieval Systems (ASRS) and the Intelligent Warehouse Exchange (IDX).

 

"These innovations are designed to meet the evolving needs of modern supply chains, providing customers with enhanced visibility, streamlined processes and the agility needed to adapt to an ever-changing global market," PSA said.

 

The hub also features eco-friendly features such as renewable energy sources, sustainable drainage systems and energy-efficient designs, which align with PSA's broader goal of achieving net-zero emissions.

 

"The PSA Supply Chain Hub @ Tuas (PSCH) is strategically positioned to create exceptional synergy with Tuas Port, and it will be instrumental in enhancing value capture within the port and supply chain ecosystem," said Peter Voser, group chairman of PSA International.

 

"This new hub is well-positioned to support not only Singapore’s trade and logistics sector but also the wider Southeast Asia region and beyond. PSCH will be Singapore's gateway to the world."

 

Voser also mentioned that, in addition to PSA's expanding suite of port adjacency solutions, the company is making significant progress toward realizing its vision of building a more connected and sustainable end-to-end supply chain ecosystem.

 

Ong Kim Pong, Group CEO of PSA International, said rapidly evolving global trade patterns require the company to rethink its business strategy and model.

 

"While we continue to secure our positions in key locations, we also need to connect our strategic nodes to form a cohesive and integrated network in alignment with our Node to Network strategy," he said.

 

"With the PSA Supply Chain Hub @ Tuas on board, our collective strength and synergy will enable PSA to harness the full potential of our combined port and wider logistics network to deliver unmatched efficiency and reliability in service routes and networks."

 

The PSCH development leverages PSA's extensive experience in the port adjacencies ecosystem, including managing PSA Keppel Distripark, a multi-tenanted cargo distribution complex specializing in consolidating and deconsolidating less-than-container-load cargo.

 

PSA said together with the city terminals at Tanjong Pagar, Keppel and Brani, operations at Keppel Distripark will also be consolidated at Tuas Port by 2027.