FedEx plans major regional hub at Singapore’s Changi
FedEx has chosen Singapore’s Changi Airport for a 282,700 sq foot Regional Hub, the second-largest facility of its type in the Asia-Pacific region. Scheduled for completion in 2012, it will bring Singapore’s FedEx delivery, pick-up and air operations all under the one roof. Singapore, the company said, was chosen for its access to global markets, central location, and aspiration to be a leading regional air cargo hub.
The FedEx facility will form part of Changi airport’s Air Cargo Express (ACE) hub, inside Singapore’s Airport Logistics Park and Changi’s Free Trade Zone. It will be equipped to handle more than 9,000 packages per hour with a 5-belt sorting system and has parking bays to house 250 delivery vans and two aircraft. Singapore Customs and the Immigration & Checkpoint Authority will also have a facility on-site to streamline cargo clearance.
source & article: AsiaOne Business
- World Bank Group to open office in Singapore
- Clark International Airport becoming an important Philippines hub
- Singapore tightens conditions for foreign workers
- Singapore may benefit from financial gloom: survey
- Japanese M&A activity and FDI grows in Malaysia
- Indonesian courier start-up Go-Jek wins fame, prize
- Selling to Japan is the ‘feather in the cap’: Malcorp CEO
- Infrastructure, construction boom in Southeast Asia: Reuters
- Temasek, Khazanah team up for Singapore-Malaysia developments
- Philippines opening up business links in New Zealand under FTA