Singapore does establish a second logistics playground at Changi Airport starting in 2030 to increase the size of the country’s local air cargo hub and strengthen its standing there.
This will increase Changi Airport’s overall cargo handling capacity from , 3 million tonnes per year currently , to 5.4 million tonnes , per year,  , said Minister for Trade and Industry Gan Kim Yong on Thursday ( Oct 3 ).
The new area will help Singapore to buoy more transportation companies and their activities, including geographical distribution centres and freight-forwarding.
According to Mr. Gan, the addition of the following logistics area will “improve the vitality of the Changi air goods gateway habitat and help keep Singapore’s relevance and centrality as a crucial node in the global supply chains.”
Similar to the existing logistics park, the new park’s designation as a free trade zone will enable third-party transportation services to get and redistribute cargo immediately.
At the annual Singapore Supply Chain Connect 2024 meeting in Marina Bay Sands, Mr. Gan, who is also the deputy prime minister, made the announcement.
The newly constructed hub will include the airport logistics area, the approaching Changi East Industrial Zone, Changi Airfreight Center, and the recently opened logistics playground.
Singapore is the largest air goods hub in Southeast Asia, with over 6, 900 regular airlines operated by close to 100 flights, said Mr Gan.
In his speech, Mr Gan , even highlighted other continued efforts aimed at deepening Singapore’s air and sea communication, including the design of a new connector at Changi Airport and the development of Tuas Port.
The construction of Changi Airport Terminal 5 ( T5 ) will begin in the first half of 2025, according to Prime Minister Lawrence Wong last month.
Once completed in the mid-2030s, T5 will add capacity for an additional 50 million passengers each year.
Tuas Port, which is being built in four phases, will be the world’s largest fully automated port when it is fully completed in about 20 years, then-Prime Minister Lee Hsien Loong said in 2022.