[SINGAPORE] Construction on the second phase of Jurong Island Logistics Hub (JILH) has continued into March, with structural works for the third and fourth floors under way, said Cosco Shipping International (Singapore) on Wednesday (Mar 18). <\/p>\n
Other works are also ongoing, said the mainboard-listed shipping and logistics firm in a bourse filing. These include the building of an external driveway, as well as the installation of internal drainage systems, fire protection systems and air-conditioning ducts. <\/p>\n
To ensure that construction remains smooth, Cosco Shipping said it is coordinating with the appointed vendors and main contractor. It also noted that demolition works for the first-phase structure of the hub are proceeding with \u201cminimal disruption\u201d to operations. <\/p>\n
The company said it will make further announcements when there are material developments. <\/p>\n
Phase 2 of JILH\u2019s development comes on the back of rising demand for logistics<\/a> from companies based on Jurong Island. It comprises an additional 2.5 hectares of land with around 62,500 square metres of built-up area. <\/p>\n The expansion aims to double the capacity of the existing hub and involves an investment of around S$142 million. <\/p>\n SEE ALSO<\/p>\n Get the insights delivered to your inbox.<\/p>\n<\/div>\n<\/div>\n Construction works for Phase 2 began in June 2025, with completion expected in the fourth quarter of 2026, the company said at the time.<\/p>\n Shares of Cosco Shipping ended Wednesday at S$0.117, up by 2.6 per cent or S$0.003. <\/p>\n Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter.<\/span> Delivered to your inbox. Free.<\/p>\n<\/div>\n<\/div>\n<\/div>\n <\/a><\/strong> <\/a><\/p>\n","protected":false},"excerpt":{"rendered":" … under way, said Cosco Shipping<\/span> International (Singapore) on Wednesday … ongoing, said the mainboard-listed shipping<\/span> and logistics firm in … construction remains smooth, Cosco Shipping<\/span> said it is coordinating … time. Shares of Cosco Shipping<\/span> ended Wednesday at S …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-127474","post","type-post","status-publish","format-standard","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts\/127474","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/comments?post=127474"}],"version-history":[{"count":0,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts\/127474\/revisions"}],"wp:attachment":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/media?parent=127474"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/categories?post=127474"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/tags?post=127474"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}<\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n
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