SUNGAI BULOH: PTT Synergy Group Bhd
has allocated RM2.3 billion in capital expenditure (capex) over the next two years for its automated warehouse business, which will cover the development of four new automated warehouses.
PTT Synergy, whose business activities include construction as well as warehouse solutions and distribution centres, is strengthening its offerings by providing high-tech total intralogistics and industrial solutions.
Group managing director Teo Swee Phin said the company has 15 automated warehouse projects in the pipeline in Malaysia and aims to increase the contribution from the new robotics segment going forward.
"We have a building storage capacity of 600,000 pallets, which translates into six million square feet (sq ft) of warehouse facilities. Our goal is to increase this to two million pallets within the next three to five years,” he told reporters after the grand opening of the company’s first smart logistics facility, PTT Logistics Hub 1, here today.
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