DSV, a leading global logistics and supply chain service provider, together with LOGOS, a leading Asia Pacific logistics real estate specialist and part of ESR Group, launched the groundbreaking ceremony for their new built-to-suit warehouse facility, DSV Pearl. Spanning 720,000 square feet, this facility is owned and developed by LOGOS and fully dedicated and designed for DSV. Both companies will invest a total of $200 million into the development to set new warehousing standards in automation and sustainability. DSV Pearl is targeted to complete by mid-2025 and will create more than 300 new jobs in the logistics sector once it is up and running.
Officiated by Png Cheong Boon, Chairman of Singapore Economic Development Board (EDB), in the presence of key customers and partners of DSV and LOGOS, the groundbreaking ceremony took place on 19 September 2023, which will mark the commencement of groundworks.
Located on Tukang Innovation Drive in the Southwest region of Singapore, DSV Pearl will be DSV’s largest facility in Singapore when completed. Situated next to the Ayer Rajah Expressway, the facility will benefit from convenient access to Singapore’s key infrastructure including Jurong Port, Changi Airport and the upcoming Tuas Megaport. The five-storey ramp up warehouse boasts large floor plate of 136,000 square feet per floor with high ceiling and advanced warehouse automation systems to increase efficiencies in the storage, retrieval and processing of goods.
