- Maersk’s $500M investment in Southeast Asia strengthens logistics, warehouses, green fuel, and EV plans for regional growth.
- Maersk pours $500M into Southeast Asia’s supply chain expansion, focusing on Logistics & Services, Ocean, and Terminals.
Regional Expansion
“Southeast Asia is the fastest growing area in Asia Pacific. A digitally savvy population, coupled with an e-commerce boom, Government’s efforts to capitalize on global manufacturing diversification, growing regional brands, and rising inter-regional trade is spurring sustained growth in this area. Our investment reflects the commitment to being the global logistics integrator addressing the changing needs of our customers, now and in the future while remaining steadfast to our decarbonization agenda”, Said Vincent Clerc, CEO, A.P. Møller–Maersk
Supply Expansion
Maersk’s $500M investment in Southeast Asia, announced during a Singapore board meeting, aims to bolster supply chain resilience and cut trade costs by up to 3x. The expansion includes a 50% increase in warehousing and distribution, adding 480,000 sqm by 2026 across Malaysia, Indonesia, Singapore, and the Philippines.
Strategic mega distribution centers with advanced automation, notably at Port of Tanjung Pelepas in Malaysia, will enhance logistics. Additionally, Singapore’s Changi Airport will see increased landside warehouse capacity, solidifying Maersk’s regional air freight hub.
On landside connectivity, Maersk will invest in significantly increasing its haulage truck capacity in Southeast Asia with the capability to offer greener solutions depending on its customers’ needs. It will also pilot biodiesel-based haulage trucks and introduce EV trucks by 2024.
Infrastructure Expansion
- Maersk to boost truck capacity, pilot green solutions for haulage in Southeast Asia, aiming for biodiesel and EV trucks by 2024.
- APM Terminals expansion supports ocean network growth and transshipment, while exploring green fuel infrastructure partnerships.
- Operating across Singapore, Malaysia, Indonesia, and the Philippines, Maersk’s network of offices and facilities, with 5000+ employees, ensures efficient customer service and strategic partnerships.
“Our investments in Southeast Asia aim to deliver a truly end-to-end supply chain and logistics solution to our customers, offering them greater visibility and control. Customers will have the flexibility to choose different transport models, omnichannel-fulfilment services and their preference for eco-friendly supply chain solutions depending on their sustainability goals”, said Elaine Low, Area Managing Director, Southeast Asia at A.P. Møller–Maersk
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Source: Maersk
