With work mostly done by unmanned machines that run on cleaner electricity, the $20 billion facility is set to be a"game-changer" in Singapore's port and supply chain operations, operator PSA said at the official opening of the new port on Thursday.
"Today marks the exciting beginning of a new era," said Mr Peter Voser, group chairman of PSA International."Tuas Port is where we can help to realise the immense potential of Singapore as a trade hub for the world." Speaking at the official opening, Prime Minister Lee Hsien Loong said Tuas Port will be a critical engine driving Singapore's economy, reinforcing its status as an international maritime centre and enabling related industries in ship finance, marine insurance, maritime law and others to flourish.
"Being closer to the port means faster and cheaper port services," he said."This means more efficient production, and quicker turnaround for their products to be exported to international markets."Sectors such as advanced manufacturing, e-commerce and logistics will benefit the most.