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Transport & Logistics
Logistics and Transport Engineering
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Logistics
With a strategic location, proficient 24/7 operations,
island-wide connectivity and a reliable IT infrastructure, our competitive
package has attracted more than 3,000 international and local logistics
companies from various industries to make Singapore their global logistics hub
and supply chain management (SCM) nerve centre. We have become the world's
busiest port with the largest container port and CBU transshipment hub.
The burgeoning advancement in Singapore's logistics industry
is largely influenced by the Airport Logistics Park of Singapore (ALPS) in the
airport free-trade zone, the Banyan LogisPark, and Changi International
LogisPark, locations high in connectivity and efficiency. We have also built an
extensive network of free trade agreements with major economies of the world to
lower trade barriers and enhance supply chain speeds.
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Our strategy has proven to be successful when we can now boast of 200 different
shipping lines with daily sailings to every major port in the world, making us
one of Asia's largest cargo airports. With 83 scheduled airlines comprising of
more than 4,000 flights per week, 17 of the world's top 25 3PLs have established
a substantial presence here.
Both homegrown and overseas logistics companies have chosen
to make Singapore their regional distribution centre (RDC), thereby entrenching
Singapore's position as Asia's leading distribution hub. Our continual
commitment to the industry is further shown through our investment in an
integrated IT platform to support this premium logistics hub. Asia's leading
logistics education and research institute is also based in Singapore.
Transport Engineering
The aerospace, marine and offshore engineering, and land
transport industries make up Singapore's transport engineering sector. Leading
players in the aerospace industry such as Honeywell Aerospace, Matsushita
Avionics Systems and Boeing have made their mark in the industry with their high
level design and engineering activities. The success of Asian Aerospace 2004,
Asia's largest air show, is testament to Singapore's position as a global
aviation hub.
We have a 70% global market share of the conversion of
Floating Production Storage Offloading (FPSO), 80% world market share in jack-up
rigs, 20% world market share for ship repair and a 25% Asia market share of
Asia's largest and most comprehensive aerospace maintenance, repair and overhaul
(MRO) hub.
Automotive companies including DaimlerChrysler, Yamaha,
Volvo and Delphi have also chosen Singapore as their headquarters where they
have set up distribution, test-bedding, R&D and manufacturing arms.
Six of the largest automotive regional distribution centres
(RDCs) in Southeast Asia have set up their operations here and 15 of Southeast
Asia's largest automotive regional headquarters (RHQs) have found their
headquarters here.
In order to ensure that a healthy stream of talents is
pumped in to support the transport engineering industries, we have taken on
initiatives such as new education, recruitment and R&D programmes. The Centre
for Offshore Research & Engineering (CORE) was established for such a purpose,
it encourages research partnerships with the oil & gas and offshore engineering
technologies industries.
Locally, the Nanyang Technological University has also
catered a four-year undergraduate programme in aerospace engineering and an
undergraduate final-year specialisation in marine and offshore engineering to
meet the needs of the industry. A Career Transition Scheme was also established
to ensure the smooth transition of existing Republic of Singapore Air Force (RSAF)
technicians into the aerospace industry.
To top it off, our mechanical engineering capabilities have earned a reputation
for been reliable in providing high value-added manufacturing, headquarters and
distribution activities in the transport engineering industry.
We are amongst the top three global centres for oil & gas (O&G) equipment
manufacturing and servicing and #1 in Asia by production volumes for 6 of the
top 10 O&G equipment players.
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