SCGJWD Logistics PCL (SET: SJWD), the biggest incorporated logistics and supply chain provider in ASEAN, is additional broadening its freezer warehouse company, increasing protection from the CLMV + China group of nations to Indonesia, the Philippines, Malaysia and Singapore. This bigger local cluster enhances the Company’s position as a strong Cold Chain Hub in ASEAN, profiting from the development of freezer in the area and leveraging freezer as a development motorist for the core company.
Mr. Bunn Kasemsup, Co-CEO of SCGJWD Logistics, mentioned that the Company acknowledged the financial development capacity in Indonesia, the Philippines, Malaysia and Singapore as leading ASEAN nations driving local economies. “We are expanding our cold storage warehouse and temperature-controlled transport business from the ‘CLMV + China’ group of countries (Cambodia, Lao PDR, Myanmar, Vietnam + China) to these Southeast Asian countries to enhance our position as a Cold Chain Hub in ASEAN – a strong center of the cold storage warehouse business in ASEAN, including the creation of a regional cold storage warehouse clusters.”
SCGJWD has actually bought logistics services in Indonesia because 2017 through joint endeavor PT SCG Barito Logistics, and can supplying country-wide logistics services, covering the significant islands of Java, Sumatra, Kalimantan, Sulawesi, Bali, and Maluku. Solutions consist of land transportation, basic warehousing and unsafe products storage, with a fleet of more than 200 trucks. In 2025, SCGJWD anticipates to understand an income of US$ 45 million, an 8% year-on-year boost, generally from serving consumers within the SCGJWD Group and Thai business buying Indonesia. SCGJWD has actually likewise participated in a joint endeavor with the Samudera Group, a significant Indonesian shipping line operator, to handle freezer warehouses, and remains in settlements for a company cooperation with a significant Indonesian freezer warehouse operator, which runs 7 freezer warehouses with an integrated capability of 30,000-40,000 pallets.
In the Philippines, SCGJWD partnered with Royal Cargo, Inc(RCI), a leading incorporated logistics and freezer provider in the nation, to develop SCG Logistics Philippines Co., Ltd., a joint endeavor in 2023. SCGJWD acknowledged development chances in the freezer service in the Philippines and the capacity in Royal Cargo, which runs over 140,000 square meters of freezer area, efficient in accommodating over 33,000 pallets. Conversations are presently underway to even more broaden financial investment in the Philippines.
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Malaysia was the most recent nation SCGJWD has actually bought, partnering with Swift Haulage Berhad(SWIFT), a significant integrated logistics provider noted on the Malaysian Stock Exchange, to develop joint endeavor Swift Cold Chain Sdn Bhd to purchase 3 freezer warehouse tasks. These are: (1) The GVL Cold Chain job, within Shah Alam International Logistics Hub covering roughly 11,000 m2 with a 10,000 pallet capability. Building is anticipated to be finished in Q4 2025 for service in early 2026; (2) The freezer warehouse job in Johor Bahru covering 10,000 m2 with a 10,000 pallet capability. Preparations to begin building are presently under method and are anticipated to be finished in Q4 2026. Both these tasks will need an overall financial investment of more than 800 million baht; (3) The freezer warehouse building job in Penang, with a location of 10,000 to 20,000 m2. This task is anticipated to be completed in Q1 2027.
“SCGJWD prioritizes the expansion of its logistics clusters in Indonesia, the Philippines, Malaysia, and Singapore, all of which are leading ASEAN countries with high growth potential. However, due to their archipelago-like geography, freight transport requires expertise and a truly comprehensive service network including solutions to meet the specific needs and addressing logistics and supply chain issues for customers. Therefore, we offer a wide range of services, including land, rail, and water transport; cold storage; general warehousing; and international freight forwarding, to meet the logistics needs of customers in each country and to ship goods from Singapore to Malaysia, the Philippines, or Indonesia,” Mr Bunn stated.
Mr. Charvanin Bunditkitsada, Co-CEO of SCGJWD, mentioned that the ‘CLMV + China’ markets are tactically essential for SCGJWD’s freezer organization, with a broad market base covering both domestic intake and import-export markets. This cooperation allows SCGJWD to link and improve its cross-border transport services for temperature-controlled items and basic items on the Thailand-ASEAN-China path. This has actually likewise led SCGJWD to adjust its transport designs and paths, consisting of offering cross-border transport services from other nations to Cambodia throughout the border closure duration.
SCGJWD, in cooperation with its partner RMA, has actually broadened its freezer warehouse in Cambodia by 1,200 m2, bringing the overall flooring location to 3,400 m2, with a financial investment of US$ 550,000 (roughly 17.5 million baht). Just recently, the Company partnered with Express Food Group (EFG), Cambodia’s significant operator of food cycle franchises, consisting of The Pizza Company, Dairy Queen, and Swensen’s, to import and carry cooking devices from Thailand to Cambodia. The Company provided a service throughout border closure by changing the transport path through Laos and Vietnam to Cambodia, along with by sea paths. The Company supplied services to ‘TOUS les JOURS’, a consumer of EFG, to carry baking components from Vietnam to its 6-7 branches in Cambodia. The Company likewise prepares to broaden its logistics services through a cooperation with its Vietnamese partner Transimex, which is an extensive end-to-end logistics service provider, to provide temperature-controlled freight services for BigC.
SCGJWD’s objective is to make cold storage and temperature-controlled transport a core development chauffeur, which lines up with the general forecast of the freezer organization in ASEAN from 2022 to 2027. A fine example is Indonesia, whose overall freezer market is anticipated to increase by almost 80%, from US$ 6.9 to US$ 12.5 billion. The Philippines’ market is similarly anticipated to increase by 46.5% from US$ 5 to US$ 7.4 billion. Malaysia’s market is anticipated to increase by 29.5% from US$ 1.836 to US$ 2.377 billion, and Singapore’s market is anticipated to increase by 25.6 percent from US$ 829 million to US$ 1.041 billion, while Vietnam’s market is predicted to increase by 47.2% from US$ 4.3 to US$ 6.4 billion, and Thailand’s market is anticipated to increase by 38.7% from US$ 3.4 to US$ 4.7 billion.
In Thailand, SCGJWD is presently broadening its financial investment in 10 freezer warehouses in 6 provinces, covering tactical enterprise zones of Samut Sakhon, Samut Prakan, Pathum Thani, Chachoengsao, and Saraburi, along with the northern province of Chiang Mai, with a combined flooring location of over 160,000 square meters, able to support over 100,000 lots of products or 240,000 pallets. Strategies are likewise afoot to broaden financial investment in Surat Thani and Khon Kaen provinces to increase service possible to eventually cover all areas of Thailand.
To learn more, please go to https://www.scgjwd.com/en
News release by MT Multimedia Co Ltd for SCGJWD Logistics PCL.
For more details, please contact:
Thiyaporn Sriadunphan (Dah)
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About SCGJWD Logistics PCL (SET: SJWD)
SCGJWD Logistics PCL was produced when SCG Logistics Management Co Ltd and JWD InfoLogistics PCL, 2 leading logistics and supply chain provider at the ASEAN level, together revealed a merger offer on Oct 24, 2022, to end up being the biggest Integrated Logistics and Supply Chains Solutions Provider in ASEAN. Officially acknowledged on Feb 24, 2023, the Company is collectively handled by Co-Chief Executive Officers (Co-CEOs) Mr. Bunn Kasemsup, representing SCGL, and Mr. Charvanin Bunditkitsada, representing JWD. (SET: SJWD) https://www.scgjwd.com/en
Subject: New market for item