Toll City S$228 million high-tech logistics hub

27/7/2015
Project development

S$ 228 million

Announced

27/7/2015


Overview:

  • Toll Group, a subsidiary of Japanese conglomerate Japan Post Holdings and a leading provider of transport and logistics in Asia-Pacific, is investing S$228 million in a 100,000 square metre Toll City high-tech logistics hub in Singapore. 
  • The completion of Toll City is expected in mid-2017, and the project will also coincide with and be connected to the planned 2020 completion of the Tuas Port which will consolidate all of Singapore's container operations in one terminal and handle up to 65 million TEUs annually when fully operational. 
  • Plans for the new project have been developed in collaboration with the Workforce Development Agency (WDA) to meet the demands of Singapore’s ‘Smart Nation’ vision.

Wai Yee Tsang - Journalist

Jurisdiction:

Singapore

Deal type:

Project development

Practice area:

Project development

Industry sector:

Logistics


Firm:

Party: Toll Logistics (Asia) (Project developer)