PSA Singapore (PSA) has unveiled the PSA Supply Chain Hub @ Tuas (PSCH), a central part of its strategic expansion of the Tuas Port ecosystem. Singapore Prime Minister and Minister for Finance Lawrence Wong graced the groundbreaking ceremony, held on 18 October.
The state-of-the-art facility, scheduled to be ready by 2027, is poised to transform the logistics and supply chain landscape in Singapore. Strategically situated next to Tuas Port within the Free Trade Zone, the PSCH will be seamlessly integrated with Singapore’s extensive supply chain ecosystem, offering unparalleled connectivity and scale as a regional distribution centre and a container freight station. Its comprehensive suite of value-added services and the supply chain synergies it creates will further strengthen Singapore’s position as a global logistics and supply chain powerhouse.
PSA International Group Chairman Peter Voser said, “The PSA Supply Chain Hub @ Tuas is strategically positioned to create exceptional synergy with Tuas Port and it will be instrumental in enhancing value capture within the port and supply chain ecosystem. This new hub is well-positioned to support not only Singapore’s trade and logistics sector, but also the wider Southeast Asia region and beyond. PSCH will be Singapore’s gateway to the world. Along with PSA’s expanding suite of port adjacencies solutions, we are making significant progress towards realising our vision of building a more connected and sustainable end-to-end supply chain ecosystem.”
PSA International Group CEO Ong Kim Pong said, “Rapidly evolving global trade patterns require us to rethink our business strategy and model. While we continue to secure our positions in key locations, we also need to connect our strategic nodes to form a cohesive and integrated network, in alignment with our Node to Network strategy. With the PSA Supply Chain Hub @ Tuas on board, our collective strength and synergy will enable PSA to harness the full potential of our combined port and wider logistics network to deliver unmatched efficiency and reliability in service routes and networks. PSA will continue to expand our fabric of port networks and supply chain services in a sustainable way, adding value and enhancing cargo flows. Our deepest appreciation goes out to our unions, stakeholders and partners, whose unwavering support has been instrumental in making this vision a reality.”
