Recently, Mitsui OSK Lines announced that it will officially enter the field of automated warehousing infrastructure in Southeast Asia through its subsidiaries. The company will cooperate with a fund led by Singapore’s well-known real estate investment giant CapitaLand Investments (CLI), and promises to invest up to 130 million Singapore dollars (about 15 billion yen), accounting for 32.5% of the total investment in the project. This move is one of the company’s strategic deployments to cope with cyclical fluctuations in the shipping industry and achieve revenue diversification.
This development project brings together many powerful partners. In addition to Mitsui OSK Lines and CapitaLand Investment, it also attracted the participation of Pruksa Holdings, a leading real estate company in Thailand, and ALP Logistics Real Estate, a professional logistics and warehousing service provider in Taiwan. The project will focus on Thailand, Singapore, Malaysia and Vietnam, relying on ALP’s professional technology to build intelligent logistics and warehousing facilities. The first phase of the project is located in Samutprakarn Province, a suburb of Bangkok, Thailand. It is planned to build three modern warehouses by February 2027, with a total storage capacity of 169,000 pallets.
