Airport Logistics Park
History
The industrial park is a free trade zone. The park was created in 2003 and officially opened by Minister for Transport Yeo Cheow Tong on 20 March that year. The project was a joint venture between the Civil Aviation Authority of Singapore, the airport operator, and JTC Corporation, the largest industrial land developer in the country. The cost of the facilities was initially S$35 million.
Current use
Free trade zone
The logistics park is 26 ha in size. As a free trade zone, customs formalities are reduced. This allows companies to trans-ship cargo to Singapore and later redistribute it to countries in the region. The proximity to the airport increases the efficiency of the process. Other logistics centres in Singapore include the Changi International LogisPark and the Banyan LogisPark.
Companies
Bax Global, B&H Worldwide, Exel, Expeditors, Menlo Worldwide, Nippon Express, UPS Supply Chain Solutions, Sandvik, SDV, Airmark Freight Services, AGI Freight, EGL Eagle Global Logistics, Geologistics, Global Airfreight Kerry Logistics, Kuehne & Nagel, KWE Kintetsu World Express, MOL Logistics, UPS Supply Chain Solutions and Schenker are among the tenants of the logistics park. Companies have publicly cited the increased warehousing and logistics benefits for relocating the park. Parts distribution for the Brazilian regional aircraft manufacturer, Embraer, is also located within the park.
References
- ^ "(Singapore) Pte Ltd". MOL Logistics. Retrieved 2014-01-01.
- ^ "Commentary: Five attributes for a successful SCM program in Asia - 1/16/2007 - Electronic Business". Archived from the original on 2007-09-27. Retrieved 2007-05-05.
- ^ "Speech By Mr Yeo Cheow Tong At The Official Opening Of The Airport Logistics Park Of Singapore (ALPS) on 20 March 2003". www.mot.gov.sg. Retrieved 2019-07-02.
- ^ "JTC Corporation - Overview". Jtc.gov.sg. Archived from the original on 2007-01-03. Retrieved 2014-01-01.
- ^ PRESS RELEASE-13 FEB 2003 Archived 2007-06-13 at the Wayback Machine
- ^ "Airport Logistics Park of Singapore". Changiairport.com.sg. Archived from the original on 2009-05-05. Retrieved 2014-01-01.
- ^ "Supporting Industries". Biomed-singapore.com. Archived from the original on 2014-01-02. Retrieved 2014-01-01.
1°22′30″N 104°00′14″E / 1.3750173°N 104.0037703°E