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PRESS RELEASE

July 27, 2015: The Toll Group, now part of Japan Post, is to build a 100,000 sq.mt. logistics hub in Tuas, Singapore at a cost of US$167 million.

Toll Global Logistics CEO Chris Pearce said the development is a key part of Toll's strategy to strengthen its presence in the region and to continue providing best-in-class supply chain solutions across different market sectors.

"The size and scope of this investment is a testament to Toll's intent to achieve supply chain excellence in Asia Pacific for its customers," Pearce said.

Some of the high-tech options being reviewed for the Toll City development include high-speed unit picking, voice picking and intelligent conveyor systems. The integrated transport and warehouse systems are complemented by energy-efficient initiatives including rainwater harvesting and energy monitoring.

Toll is focused on a program of continuous improvement to achieve operational excellence and create opportunities for employees to upgrade their skills – a program in line with Singapore's vision for its country's workforce.

In collaboration with the Workforce Development Agency (WDA), Toll has developed core and advanced training segments to meet the demands of Singapore's 'Smart Nation' vision.

As part of the move into Toll City, Toll will continue its work as a WDA in-house Approved Training Operation (ATO) which will provide a framework for reviewing the use of technology and automation to design the jobs of the future that attract more young and mature locals to the logistics industry.

Pearce said that the completion of Toll City in mid-2017will enhance Singapore's position as a regional logistics hub and provide Toll's customers access to greater flexibility and scalability in their supply chains.

Toll City's proximity to road links to Malaysia and the growing Jurong region makes the facility an excellent land-sea interface for its customers.

It also coincides with the planned 2020 completion of the Tuas Port which will consolidate all of Singapore's container operations in one terminal and handle up to 65 million TEUs per year when fully operational.