--- title: "The second phase of the Jurong Island Logistics Center continues to progress, with the construction of the third and fourth floors underway | Lianhe Zaobao" type: "News" locale: "en" url: "https://longbridge.com/en/news/279634595.md" description: "The second phase of the Jurong Island Logistics Center continued to progress in March, with the construction of the third and fourth floors underway. COSCO Shipping International (Singapore) revealed that the project is being invested in by its wholly-owned subsidiary, Gao Sheng Holdings, with an investment of SGD 14 million, aimed at meeting the logistics service needs of businesses on Jurong Island. The second phase covers an area of 2.5 hectares, with a total floor area of 62,500 square meters, and is expected to be completed by the end of 2026, which will double the warehousing space. The project also includes the installation of internal drainage systems, external driveways, fire protection systems, and air conditioning ducts" datetime: "2026-03-18T16:02:17.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/279634595.md) - [en](https://longbridge.com/en/news/279634595.md) - [zh-HK](https://longbridge.com/zh-HK/news/279634595.md) --- # The second phase of the Jurong Island Logistics Center continues to progress, with the construction of the third and fourth floors underway | Lianhe Zaobao The second phase of the Jurong Island Logistics Hub development continued to make progress in March, with structural work on the third and fourth floors underway. COSCO SHIPPING International (Singapore) announced this on Wednesday (March 18). Cogent, a wholly-owned subsidiary of COSCO SHIPPING International (Singapore), has invested SGD 140 million to construct the second phase of the Jurong Island Logistics Hub to meet the increasing demand for logistics services from businesses on Jurong Island. The second phase covers an area of 2.5 hectares, with a total floor area of 62,500 square meters, and upon completion at the end of 2026, it will double the storage space of the Jurong Island Logistics Hub. It was noted that other ongoing works for the second phase include the installation of internal drainage systems, construction of external driveways, installation of fire protection systems, and installation of air conditioning ducts. #### Further Reading CK Hutchison's subsidiary: Panama government has not responded to international arbitration process COSCO SHIPPING suspends operations at Balboa Port, industry insiders say it may be Beijing's first countermeasure To ensure smooth construction, the company is coordinating with several designated suppliers and general contractors. The company stated that any significant developments will be announced separately. COSCO SHIPPING International (Singapore) saw its stock price rise by 2.63% on Wednesday, closing at SGD 0.117 ### Related Stocks - [F83.SG](https://longbridge.com/en/quote/F83.SG.md) ## Related News & Research - [COSCO Singapore projects 35% profit jump to $7.4M in 2025](https://longbridge.com/en/news/275265948.md) - [CARNEY STATES BRITISH COLUMBIA NEEDS SIGNIFICANT ECONOMIC GAINS FROM PIPELINE.](https://longbridge.com/en/news/287093975.md) - [AD Ports agrees to acquire MBS Logistics](https://longbridge.com/en/news/286774399.md) - [UAE races to bypass Strait of Hormuz with massive new oil pipeline](https://longbridge.com/en/news/286837793.md) - [15:02 ETEcho Global Logistics National Sales Manager Named to 2026 Top Women to Watch in Trucking List](https://longbridge.com/en/news/287107796.md)