According to a Sept 23 release, Jurong Island has been a hub for Singapore’s petrochemical and chemical industries and has since hosted several large-scale oil refineries and complexes.
Dual-listed COSCO Shipping International has announced the launch of major expansion plans for phase 2 of the cogent Jurong Island logistics hub (JILH). The hub is set to be developed through the group’s wholly-owned subsidiary, Cogent Holdings Pte. Ltd.
The group says the expansion will “enhance” the hub’s operational capacity, “further strengthening the group’s position in the logistics sector, as well as aligning with Singapore's green and low-carbon transformation goals”.
