Changi Airport eyes 7% more cargo volume for tuna, vaccines in 2013

To compensate for sluggish trade.

According to a report by Bloomberg, Changi Airport, Southeast Asia’s largest freight airfield, plans to attract more gold bars, tuna and vaccines to Singapore as it seeks to increase handling of high-value cargo to make up for slowing trade.

Bloomberg noted that the airport may process 7 percent more cargo by volume for pharmaceutical products such as vaccine and test drugs, as well as perishable goods including tuna and meat this year, James Fong, assistant vice president of cargo and logistics development at Changi Airport Group (Singapore) Pte. Drugs are one of the three biggest items handled by value, he said.

“An underlying demand for these things is growing with the rise of the Asian middle class,” Fong said in a May 15 interview. “People want higher-value, higher-quality food. Demand in North Asia is growing fast.”

Here's the link to full report.

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