Singapore, Chongqing boost transport, logistics collaboration

Implementation of two projects will be facilitated under the Chongqing Connectivity Initiative

Singapore

SINGAPORE and Chongqing have deepened efforts to drive transport and logistics collaboration between the two cities, International Enterprise (IE) Singapore said on Sunday.

IE has partnered the Chongqing Municipal Government on a "1+1" Collaboration Framework under the Chongqing Connectivity Initiative (CCI) to facilitate the implementation of two projects: the Chongqing Logistics Development Platform (CLDP) and the Multi-Modal Distribution and Connectivity (DC) Centre.

IE said both projects will help develop Chongqing into China's inland international logistics hub and multi-modal transport and logistics centre for Western China - both of which are key objectives of the CCI.

The agency added that through developing services and digital links between Singapore and Chongqing, the two projects will boost Singapore's connectivity and strengthen its position as a key global node.

Lee Ark Boon, IE's chief executive officer, said this G2G (government-to-government) project marks an "important milestone" for transport and logistics collaboration under the CCI, and creates "concrete opportunities" for Singapore companies.

The CLDP, said to be at the core of the collaboration framework, is a platform to integrate logistics resources within Chongqing, and develop multi-modal logistics standards and practices for river, railway, air and road transport modes.

PSA International, Pacific International Lines (PIL), Kerry Logistics, together with six Chongqing companies, on Sunday signed a memorandum of understanding (MOU) to cement their partnership in the CLDP.

The DC Centre, which serves as a physical facility to demonstrate multi-modal operations in Chong-qing, will coordinate and integrate logistics resources across neighbouring logistics centres. It will also enhance the consolidation of inland cargo in Chongqing.

PSA, PIL, YCH, SSINOLOG Properties, Kerry Logistics, along with three Chongqing companies, have signed an MOU to develop the DC Centre.

On Sunday, eight other commercial agreements, including those in transport and logistics, ICT (information and communication technology), finance and healthcare, were inked.

These include the China-Europe Rail Logistics, a joint venture (JV) between Pacific GSSA and Yu'Xin'Ou (Chongqing) Supply Chain Management to build rail logistics through less-than-container-load freight consolidation; and the Singapore-Chong-qing Medical Centre, an MOU between Raffles Medical Group and Chongqing Liangjiang New Area Administrative Committee to cooperate in healthcare-related projects.

As part of the ICT pillar under the CCI, SGInnovate has partnered the Chongqing ICT Industry Investment Promotion Centre to set up Bash, an innovation and entrepreneurship centre to groom talent for Chong-qing's startup ecosystem.

Singapore startup Intelwise also signed a JV agreement with Chongqing-based ICT company Social Credits to work together on a cross-border data analytics platform, to access data (such as credit information) of potential partners across China and South-east Asia.