COSCO Shipping International Singapore Co Ltd (SG:F83) has released an update.
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COSCO Shipping International Singapore’s subsidiary, Cogent Jurong Island Pte Ltd, has accepted a 30-year lease offer from JTC Corporation for a 25,000 square meter land on Jurong Island. This strategic move will facilitate the development of the second phase of the Jurong Island Logistics Hub, enhancing the company’s logistics infrastructure. The expansion reflects COSCO’s commitment to bolstering its logistics capabilities in the region.
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