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PKT Logistics Group Sdn Bhd
will invest about RM120mil to develop a modern
logistics infrastructure on 27 acres of
industrial land in the next three years.
Managing director and group chief executive
officer Michael Tio told StarBiz that the new
facilities would focus on the fast-moving
consumer goods (FMCG) business.
Currently, PKT Logistics' core business is auto
logistics, which contributes about 80% of its
turnover.
“We want to achieve the ideal turnover ratio of
60:40 for auto and FMCG logistics respectively
by 2010.
“This is because the FMCG business is growing
faster than the auto business, which did not
record any growth last year,” he said.
Besides serving FMCG companies, PKT Logistics
also plans to develop cold room facilities to
cater for food and beverages companies.
He said the expansion plan would be in line with
the company's vision to be one of the leading
logistics players in the Asean region.
“Our objective is to promote Malaysia as the hub
of FMCG logistics for Asean countries.
“Also, we want to move up the value chain by
offering sixth party logistics services and
total supply chain management,” he said. This
will include procurement management,
sub-assembly works and packaging services for
its customers.
Tio said the development of its new facilities,
located at Section 32, Shah Alam, would comprise
three phases.
Phase one, with RM48mil to RM50mil investment
(including the value of a 10-acre land) will
feature a five-level corporate headquarters,
150,000-sq-ft warehouse and 2.5 acres of open
container yard scheduled to be operational by
next February.
The new warehouse will be equipped with 35
dock-level loading bays, 15,000 racks, 24-hour
CCTV monitoring, advanced warehouse management
system and radio frequency identification.
“It can act as a distribution and cross-docking
centre (receiving centre) for our customers,” he
said.
The container yard, according to Tio, could be
an alternative area for importers to store their
containers, as the free storage period for
import containers at Port Klang would be reduced
from five days to three days effective next
month.
“A few multinationals have indicated interest in
taking up the entire warehouse, prompting us to
accelerate phase two sooner than expected,” he
said.
Phase two includes another warehouse, to be
followed by the phase three development of a
manufacturing and sub-assembly centre, packaging
plant as well as research and development centre
for the auto market.
On its existing warehouse in Rantau Panjang,
Port Klang, Tio said the 11-acre facility would
be utilised for its general cargo customers
after the new facility was operational.
Asked whether the company was interested in
being listed on Bursa Malaysia, Tio replied that
was one of the company's objectives but would
only materialise when the time was right.
Established in 1974, PKT Logistics initially
offered only Customs brokerage services but is
now offering total logistics services.
Besides local operations, it has also ventured
into Thailand, Indonesia and Vietnam. |
