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Ranked by the World Bank as the global top logistics hub in 2023, Singapore offers world-class connectivity to the region and beyond. The unprecedented boom in regional cross-border trade and consumption strengthens Singapore’s relevance as a secure, highly efficient logistics and supply chain management hub.
Photo credit: SingPost
Today, Singapore is a prime location for major logistics firms, with most of the top 25 global players conducting operations here. Most of them, like DHL and Schenker, have set up regional or global HQ functions here. We are a base for these firms to anchor major logistics and supply chain operations, specialised capabilities, and conduct innovation activities to provide new supply chain solutions.
Leading manufacturers like Henkel and Infineon base their SCM hubs and Distribution Centres in Singapore to orchestrate their regional and global supply chains. They enjoy strong support from our vibrant ecosystem of leading shippers and third-party logistics providers (3PLs), many of whom have innovation hubs here. We also offer a professional talent pool and a robust R&D ecosystem.
Home to PSA, the world’s busiest transshipment sea port, and Changi Airport, one of Asia’s largest cargo airports, Singapore helps companies drive speed to the global market through our excellent infrastructure and connectivity. We also offer business connectivity through Asia’s most extensive network of Free Trade Agreements, covering more than 85 per cent of the world’s GDP.
1st
Globally according to the World Bank’s Logistics Performance Index 2023.
1st
Globally in efficiency of customs clearance, out of 139 countries. Singapore Customs processes 99% of electronics permit applications within 10 minutes.
50mil
twenty-foot equivalent units (TEUs) – Tuas port’s annual handling capacity expected to increase to 65mil TEUs and will be the largest fully automated container terminal in the world by 2040s. Today, Singapore operates the world’s largest container transhipment and handled 37mil TEUs of containers.
3mil
tonnes of cargo – Changi Airport’s annual handling capacity is expected to increase to 4.5mil tonnes by 2050s with the announced expansion of Changi Airport in 2022. The new Changi East development spans 1,080 hectares which includes Changi Airport’s fifth terminal, a three-runway system and the expansion of cargo facilities at the new Changi East Industrial Zone (CEIZ). Today, the airport occupies 1,300 hectares of land with an annual handling capacity of 85 million passengers and an air freight centre consisting of 6 airfreight terminals.
