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NEWS AND DEVELOPMENTS

IN THE TRANSPORT, LOGISTICS AND

SUPPLY CHAIN INDUSTRY

Tuas Port officially opens; PM Lee says it will be critical engine driving economy

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The first phase of Tuas Port was officially opened on Thursday - with 500 workers running three berths at what will eventually be the world’s biggest fully automated port.


At the opening, Prime Minister Lee Hsien Loong said the port will be a critical engine driving Singapore’s economy, reinforcing its status as an international maritime centre.


“Our decision to press on with Tuas Port sends a strong signal to the world that Singapore is open for business... We are going full steam ahead,” he said.


Meanwhile, port operator PSA described the $20 billion facility as a game changer. PSA’s group chairman Peter Voser said: “Today marks the exciting beginning of a new era. Tuas Port is where we can help to realise the immense potential of Singapore as a trade hub for the world.”


Source: The Straits Times


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