Vicom sets up S$60 million integrated hub to adapt to EVs, complex industrial testing needs
The five-storey facility consolidates vehicle inspection and non-vehicle testing services in one location
[SINGAPORE] Vehicle inspection service provider Vicom on Wednesday (Feb 4) unveiled a S$60 million integrated hub to adapt to the shift towards electric vehicles and the rising complexity of industrial testing requirements.
The five-storey facility is located at Jalan Papan in Jurong; it features advanced equipment and an optimised layout to better handle rising demand, said the company, which is a unit of transport operator ComfortDelGro .
The facility consolidates vehicle inspection and the non-vehicle testing services – provided by Vicom’s unit Setsco – in one location. It will start operations progressively from Feb 16, with full operations expected in the second half of the year.
The hub provides “a strong foundation to grow and strengthen our skills to support our new partners”, said Vicom chief executive Sim Wing Yew in a press release.
Vicom shares rose 0.6 per cent or S$0.01 to S$1.65 on Wednesday.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
MAS, bank CEOs convene over AI cyberthreats; boards told to own risks, not leave to IT teams
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
LTA circular to potential EV charger owners reveals hundreds of e-mail addresses under carbon copy feature