We will invest in fixed assets at some stage in the future in these countries. The company now has offices in Port Klang, Penang and Bangkok. There is a technical services agreement with P.T. Freight Lini Express Indonesia in Jakarta and Surabaya which should soon be converted into a full licence for Freight Links Express operations. Tan said he is confident all this expansion in Singapore and the region will be based on sound business decisions. At present it is difficult to find space if someone has a large consignment.
Space is definitely tight.
We presently have short-term leases at four locations to cope with demand. This confidence seems to be backed up by official figures which put warehouse occupancy in excess of 90 per cent. Tan said, according to predictions he had seen, Singapore is expected to have 95 per cent occupancy in 1997, and 90 per cent in 1999. From what was originally a forwarder specialising in LCL consolidation, Freight Links is making a bid to be a major multimodal regional player. Some people should be suspended or even expelled if they will not act in a professional manner.