Executive Vice President of the Singapore Economic Development Board visits NX Group Building
NIPPON EXPRESS HOLDINGS, INC. (President: Satoshi Horikiri), welcomed Ms. Ho Weng Si, Executive Vice President of the Singapore Economic Development Board (hereinafter “EDB”), and Mr. Hsuan Te Phua, EDB Regional Director for Japan, to the NX Group Building on Thursday, August 20.
(Group photo*)
NX Group first set up its operations in Singapore in 1973 and has grown its presence from local market operations into a regional hub leveraging Singapore’s world-class connectivity across air, sea and land to support complex supply chains across Asia. Today, Singapore houses NX Group’s regional headquarters, Nippon Express (South Asia & Oceania) Pte., Ltd., which oversees 15 countries across Southeast Asia, South Asia and Oceania, as well as several local subsidiaries. Through these companies, the Group offers a broad base of capabilities including air and ocean freight forwarding, logistics support services, and heavy haulage.
The Group views Singapore and the broader Southeast Asia region as key growth markets, given their strong growth potential and diverse industrial base. Its Singapore base serves as both a regional management centre and an important gateway supporting the Group’s business expansion into Southeast Asia.
The purpose of EDB’s visit was to discuss the NX Group’s global growth strategy and explore how Singapore can support by serving as a potential base for key global functions to drive business expansion in Asia. Representing the NX Group were NIPPON EXPRESS HOLDINGS President Satoshi Horikiri, NIPPON EXPRESS HOLDINGS Senior Managing Executive Officer Satoshi Otsuji, and Nippon Express (South Asia & Oceania) President Katsuhito Kobayashi.
NX Group’s global growth strategy seeks to capitalize on Asia’s growth potential and Singapore’s international business-friendly environment against the backdrop of a multipolar global logistics market and ongoing efforts to restructure supply chains and diversify sourcing.
They also examined the use of AI and automation technologies in the logistics industry, exploring the possibility of utilizing Singapore as a hub for incorporating AI and other digital technologies into logistics services while strengthening the NX Group’s IT solutions capabilities and developing functions such as logistics operations design and launch, warehouse automation verification, and human resource development. As one of these initiatives, the Singapore operations have already introduced AI-enabled forklifts and robotic sorting systems, using these technologies to improve safety and productivity at logistics sites.
The meeting reaffirmed the commitment of EDB and the NX Group to further deepening the partnership and expanding areas of cooperation to support the NX Group’s continued growth in Singapore.
The NX Group remains committed to further expanding its global network and providing high-quality logistics services to ever more customers around the world.
*Pictured from left to right: EDB Regional Director for Japan Hsuan Te Phua
EDB Executive Vice President Ho Weng Si
NIPPON EXPRESS HOLDINGS President Satoshi Horikiri
NIPPON EXPRESS HOLDINGS Senior Managing Executive Officer Satoshi Otsuji
Nippon Express (South Asia & Oceania) Managing Director Katsuhito Kobayashi