By Oliver Clark.
FedEx Express is building a new Singapore Regional Hub within the Air Cargo Express (ACE) Hub at Singapore Changi Airport to take advantage of high economic growth in South East Asia.
The 282,700sqft facility is the freight carrier's second largest in operation in the Asia-Pacific region after Guangzhou, southern China and is expected to operational by 2012.
With the GDP of the ASEAN-5 countries, such as Vietnam, Thailand and Cambodia, expected to expand by 5.5 to 5.7% in 2011 and 2012, FedEx says its new Changi hub will help facilitate increasing freight traffic in the region
The FedEx Singapore Regional Hub is strategically located within Changi Airport's free trade zone and beside the Airport Logistics Park of Singapore. It will boast a five-belt sort system with capacity to sort up to 9,000 packages per hour and house over 250 delivery vans.
It will also include airside infrastructure such as two new aircraft parking bays as well as a special on-site facilitation by the Immigration and Checkpoints Authority and Singapore Customs for efficient cargo clearance.
