Airport Logistics Park

The Airport Logistics Park (Abbreviation: ALPS) is an industrial park created to support activities related to trade and air cargo at Changi Airport in Singapore. The park is a notable example of cooperation between the government of Singapore and local business leaders to increase the business competitiveness of the country. [http://www.edn.com/article/CA6407240.html Advertisement ] ] The park is located next to the Changi Airfreight Center.

History

The industrial park is a free trade zone. The park was created in 1993 and officially opened by Minister for Transport Yeo Cheow Tong on March 30, 1993. [http://www.sedb.com/edb/sg/en_uk/index/news_room/publications/singapore_investment03/singapore_investment6/singapore_opens_airport.html Singapore opens airport logistics park with Free Trade Zone status ] ] The project was a joint venture between the Civil Aviation Authority of Singapore, the airport operator, and JTC Corporation, the largest industrial land developer in the country. [ [http://www.jtc.gov.sg/aboutjtc/pages/index.aspx JTC Corporation - Overview ] ] The cost of the facilities was initially S$35 million. [ [http://app.mot.gov.sg/data/p_03_03_20.htm PRESS RELEASE-13 FEB 2003 ] ]

Current use

Free trade zone

The logistics park is 26 ha in size. [http://www.changiairport.com.sg/changi/en/air_cargo/alps.html?__locale=en Airport Logistics Park of Singapore ] ] As a free trade zone, customs formalities are reduced. The average customs clearance is eight minutes of less. This allows companies to trans-ship cargo to Singapore and later redistribute it to countries in the region. The proximity to the airport increases the efficiency of the process. Other logistics centres in Singapore include the Changi International LogisPark and the Banyan LogisPark.

Companies

Bax Global, Exel, Expeditors, Menlo Worldwide, Nippon Express, UPS Supply Chain Solutions, Sandvik, SDV, Airmark Freight Services, EGL Eagle Global Logistics, Geologistics, Global Airfreight Kerry Logistics, Kuehne & Nagel, KWE Kintetsu World Express, MOL Logistics, UPS Supply Chain Solutions and Schenker are among the tenants of the logistics park. Companies have publicly cited the increased warehousing and logistics benefits for relocating the park. [zh icon [http://www.mol-logistics.com.sg/Warehouse.htm MOL Logistics (Singapore) Pte Ltd ] ] [ [http://www.biomed-singapore.com/bms/sg/en_uk/index/about_biomedical_sciences/manufacturing/supporting_industries.html Supporting Industries ] ] Parts distribution for the Brazilian regional aircraft manufacturer, Embraer, is also located within the park.

External links

* [http://www.changiairport.com.sg/changi/en/air_cargo/alps.html?__locale=en Photo of one of the ALPS buildings]

References