MOL (Asia Oceania) Invests in Joint Development/Investment ‘Logistics Infrastructure’ Projects in Southeast Asia
Mitsui O.S.K. Lines (MOL), a leading company in global shipping, is teaming up with CapitaLand Investment (CLI), a well-known real estate company, to create high-tech warehouses in Southeast Asia. This project, led by MOL’s Asia Oceania branch, will bring advanced logistics facilities to countries like Thailand, Singapore, Malaysia, and Vietnam. The goal is to build and operate smart, automated warehouses that make moving and storing goods easier and faster for businesses.
About the Project
The project focuses on creating “logistics infrastructure.” This means MOL and its partners will own and run warehouses that they lease to companies who need space to store their goods. These warehouses will use advanced technology to streamline logistics, such as automated storage and retrieval systems, which make managing and moving goods much more efficient.
One of the main types of warehouse models used in this project is called “OMEGA.” Developed by Ally Logistic Property (ALP) from Taiwan, OMEGA warehouses are unique. They have multiple floors where trucks can load and unload cargo, and the storage areas are fully automated with systems like electric cranes and guided vehicles. This setup helps save space and allows the warehouse to adjust storage based on each customer’s needs.
The First Warehouse: Omega 1 in Thailand
The first warehouse in this project, called “Omega 1,” is being built in the Bang Na area near Bangkok, Thailand. This warehouse will include both regular storage areas and special sections for refrigerated and frozen items. Once completed, it will cover around 200,000 square meters and be able to hold about 169,000 pallets with the help of its automated systems. The estimated finish date for this facility is February 2027.
Expanding Across Asia
While working on the Omega 1 warehouse, MOL and CLI are also planning other logistics projects in the region. For example, MOL’s partner company, Daibiru Corporation, is joining CLI to help develop a new business park in Chennai, India. Together, they hope to expand their services and build more facilities that meet the growing demand for storage in Southeast Asia and beyond.
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MOL’s BLUE ACTION 2035 Plan
This collaboration with CLI is part of MOL’s long-term strategy, called BLUE ACTION 2035. Through this plan, MOL aims to reduce its focus on ocean shipping alone and grow its business in stable areas like logistics infrastructure. This allows MOL to secure reliable profits even if the ocean shipping market becomes less stable.
The BLUE ACTION 2035 plan also emphasizes the importance of a global strategy. By creating more partnerships and projects in different regions, MOL can build a stronger, worldwide network.
Why Automated Warehouses Matter
Automated warehouses like OMEGA are becoming popular because they use technology to make storage easier and faster. Instead of relying on people to move goods, automated systems do much of the work. This means companies can store more items in a smaller space, reducing costs and helping them manage inventory efficiently. With these automated systems, businesses can be more flexible in how they store goods, making the entire supply chain more reliable.
By working together, MOL, CLI, and their partners are shaping the future of logistics in Southeast Asia. These projects not only help improve how goods are stored and moved but also support the economic growth of the region.
