temperature-sensitive storage and distribution, as well as postponement services such as re-labelling and kitting.” At UPS Healthcare
Logistics, Bill Hook said Singapore has a number of attractions as a hub for pharmaceutical/healthcare logistics operations. “First of all, it is a great place to do business. Singapore is very friendly to companies that are looking to set up business in Asia Pacific and makes it easy for the movement of product in and out,” he told Air Logistics China. “Second, the healthcare and
keynote feature “First, Singapore is a well-
established hub anyway. It has a good range of international air links, both regionally and globally, and a good line-up of modern facilities to handle that type of product. Second, there is the financial side. The Free Trade Zone there makes it cost- effective to use Singapore as a hub and the Singaporean government offers very attractive tax incentives to encourage companies to set up shop there.” Looking ahead, Bill Hook at
pharmaceutical manufacturers see Singapore as a great environment in which to set up operations. Third, Singapore’s geographical location makes it a good location for a hub, particularly for South East Asia.” The arguments in favour of Singapore as a logistics hub for the
Pharmaceutical shipment transiting the Coolport@Changi facility
UPS suggested that south China might also become a major international pharmaceutical industry hub in
the future, “although right now it is a little more difficult to move product in and out of China than through Singapore”. He also confirmed that in terms of international
global pharmaceutical/healthcare industry were confirmed by Bob Gahan at DB Schenker. He highlighted two particular factors in that context.
pharmaceutical/healthcare traffic, China is currently still predominantly an inbound market, with most of the products at present manufactured in China tending to be for domestic consumption rather than for export.
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