STRATEGIES AND PLANNING TIONG NAM
Tiong Nam
is under Free Tax Zone at Pelabuhan Tanjung Pelepas (PTP). Now, PTP is growing
rapidly. So, Tiong Nam will generate more space to build more warehouses in
PTP. The aim is to attract more customers from Singapore.
Tiong Nam
do not build warehouse in Singapore because the land in Singapore is very
expensive and limited. If Tiong Nam rents warehouse in Singapore, the rent cost
will be very expensive rather than Malaysia. That is why Tiong Nam plan to
build more warehouses at PTP because they could save from building and land
cost.
The
products in Tiong Nam warehouses at PTP are 90% from Singapore customers. Tiong
Nam also focuses on customer import and export service to get high volume of
products in their warehouses. PTP wants to be like Singapore which is Singapore
is the best port of logistics because many vessels will stop at Port Singapore
Authority (PSA) to repair vessel and etcetera. That is why Singapore becomes
the great port in logistics.
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