Logistics Infrastructure
MOL’s regional headquarters for Southeast Asia and Oceania is focused on expanding its logistics infrastructure portfolio through strategic partnerships across the region.
In Singapore, MOL is participating in a new frozen and refrigerated warehouse development project in Jurong, Western Singapore, featuring automated storage and retrieval systems, through a joint venture with Kajima Development Pte. Ltd. MOL is also investing in Commonwealth Kokubu Logistics Pte. Ltd. (CKL), Singapore’s largest food cold-chain logistics company and the anchor tenant of the warehouse, strengthening its presence in the cold storage and food logistics sector. Across Southeast Asia, MOL is collaborating with CapitaLand Investment Limited (CLI)—the real estate investment management arm of the CapitaLand Group—on the development and investment of various types of value-added logistics infrastructure including advanced fully automated logistics facilities, “OMEGA” Warehouse. These projects are undertaken through the CapitaLand SEA Logistics Fund (CSLF), with developments spanning Thailand, Singapore, Malaysia, and Vietnam.
In Australia, MOL is investing, through an intermediary fund set up by Hankyu Hanshin Properties Corp., in an Australian logistics real estate fund managed by ESR, which comprises 11 sites and over 40 logistics facilities . By making broad investments across various asset types in Australia’s four major cities, MOL aims to establish a foothold for expanding logistics infrastructure investments in the country going forward.
Most recently, MOL has participated in a joint development project of Ready-Built Warehouse “Logicross Hai Phong” with Mitsubishi Estate Co., Ltd., in Hai Phong, Vietnam. MOL will continue to actively pursue business development of logistics infrastructure in Southeast Asia and Oceania region, in a manner that captures economic growth.
Address
Bang Phli Noi, Bang Bo District, Samut Prakan 10560, Bangkok, Thailand
CONTACT
Ph. (65) 6349 5800
M. th.ga@molchemtankers.com