Published:
Singapore's mega port project to double capacity to 65m boxes per year
Prompted by Samsung, Honda plants.
According to a report by Bloomberg, as Samsung Electronics Co. (005930) and Honda Motor Co. (7267) are building new factories in Vietnam and Thailand, Singapore is readying a mega port to handle all those mobile phones, TVs and cars.
The city-state is building a new port west of the current 1,000 hectare (2,471 acre) site, to double capacity to 65 million boxes a year. That will help Singapore, home to the world’s second-busiest container port, lure goods made in Southeast Asian nations and then ship them worldwide.
Read full report here.
Read Here
Advertise
Sign Up
