Part III Singapore : the future project cargo hub of Southeast Asia

• Main Author: Heng, Yi Quan.
• Other Authors: School of Civil and Environmental Engineering
• Format: Final Year Project
• Language: English
• Published: 2013
• Subjects: DRNTU::Engineering::Maritime studies::Maritime management and business
• Online Access: http://hdl.handle.net/10356/52907
• Institution: Nanyang Technological University

The emergence of Southeast Asia as one of the most important trade zones in the world is seen by many as the growth centre in the global economy. As the regional bloc continues to grow physically, the need for large scale infrastructure developments will present business opportunities for the project cargo industry. As of now, there is no literature review of Singapore as a potential project cargo hub and therefore in this study, the objectives were to analyse the potential of Singapore to be a project cargo hub and explore ways to profile Singapore internationally and strengthen her position as a premier project cargo hub in Southeast Asia. The use of interviews with project cargo practitioners and the administration of a survey targeted at the project cargo industry in Singapore provided the necessary data for this study. Based on a SWOT matrix, it was found that Singapore’s strengths lay in its strategic location, extensive connectivity, the presence of major international shipping and logistics providers and strong government support. However, the high cost of operations and scarcity of land limit its potential as a project cargo hub. A case study of Jurong Port was provided in order to analyse the capabilities and expertise of Singapore to handle project cargoes. Furthermore, business strategies such as promoting complementary hubs and extensive collaborations with private sector were recommended to establish Singapore as a project cargo hub.