Mitsui O.S.K. Lines (MOL) and CapitaLand Investment Limited are collaborating to develop and invest in advanced automated warehouses in Southeast Asia. This partnership aims to enhance logistics infrastructure in the region, according to MOL.
Logistics Infrastructure
Together with CLI and the partners of CSLF – Pruksa Holding Public Company Limited, a leading real estate developer in Thailand, and Ally Logistic Property Co., Ltd. (ALP), a warehouse developer in Taiwan, MOL (Asia Oceania) will develop and invest in “logistics infrastructure” projects targeting Thailand, Singapore, Malaysia and Vietnam. These projects include high-value-added logistics warehouses, centered on the “OMEGA” multi-tenant advanced automated warehouse model developed by ALP.
The first project, OMEGA 1 Bang Na Thailand Warehouse, is already under construction. MOL (Asia Oceania), CLI and the partners, will continue to invest in “logistics infrastructure” to meet market demand in each target region.
Brief Overview
Overview of Omega 1 Bang Na Thailand
| Location | Samut Prakan, Bangkok, Thailand
(Bang Phil Noi, Bang Bo District, Samut Prakan 10560, Bangkok, Thailand) |
| Structure | 2 ambient warehouses and 1 refrigerated and frozen warehouse |
| Scale | Total site area: About 200,000 m2 / Capacity with about 169,000 Automated Storage and Retrieval System pallets |
| Completion date of all warehouses | February 2027 (estimated) |
Concurrently with this project, MOL Group company Daibiru Corporatio has also decided to participate in the development of a business park in Chennai, India, through a fund led by CLI. The MOL Group and CLI will further deepen their cooperative relationship in a wide range of fields across different regions or asset types.
Under the BLUE ACTION 2035 management plan, the MOL Group has pursued business portfolio reforms to enhance stable profit-earning businesses and ensure profitability even during ocean shipping recessions, and these projects are a part of the initiatives to expand the logistics business, which includes the growth of the “logistics infrastructure” business.
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Source: MOL
