DHL tops up investment in ASEAN
Logistics giant DHL, a subsidiary of Deutsche Post AG, the world’s largest courier company from Germany, has said it will invest around $180 million into its Southeast Asia supply chain operations to enhance its position as a contract logistics provider in consumer, retail, automotive and technology industries and grow its business in emerging sectors.
Some $40 million will be spent in Indonesia because of the country’s growth, the company said. And $50 million will be invested in Thailand with another $10 million being placed in Vietnam. The bulk of the investment will go towards new facilities, advanced information technology, transport expansion and bolstering staff strength and training.
“We plan to double our size in the next two to three years. We’re already off to a strong start – by the end of 2013, we will have opened seven best-in-class multi-user facilities across strategic locations in Southeast Asia,” Oscar de Bok, chief executive officer for South and Southeast Asia, said on Bloomberg TV.
Seven new facilities are to be completed this year. DHL already launched a 17,000-square metre warehouse in West Java, Indonesia and will also launch a new facility in Bangkok’s Bang Na district later in 2013, as well as a facility in Bac Ninh province, Vietnam. New facilities will also be opened in Singapore and Malaysia.
The company also plans to grow its staff strength by some 65 per cent to about 25,000 people and expand warehouse capacity by more than 50 per cent to operate about 1.4 million square meters across the region.
[caption id="attachment_9612" align="alignleft" width="300"] DHL's new hub in Bangkok[/caption] Logistics giant DHL, a subsidiary of Deutsche Post AG, the world's largest courier company from Germany, has said it will invest around $180 million into its Southeast Asia supply chain operations to enhance its position as a contract logistics provider in consumer, retail, automotive and technology industries and grow its business in emerging sectors. Some $40 million will be spent in Indonesia because of the country’s growth, the company said. And $50 million will be invested in Thailand with another $10 million being placed in Vietnam. The bulk of the investment...
Logistics giant DHL, a subsidiary of Deutsche Post AG, the world’s largest courier company from Germany, has said it will invest around $180 million into its Southeast Asia supply chain operations to enhance its position as a contract logistics provider in consumer, retail, automotive and technology industries and grow its business in emerging sectors.
Some $40 million will be spent in Indonesia because of the country’s growth, the company said. And $50 million will be invested in Thailand with another $10 million being placed in Vietnam. The bulk of the investment will go towards new facilities, advanced information technology, transport expansion and bolstering staff strength and training.
“We plan to double our size in the next two to three years. We’re already off to a strong start – by the end of 2013, we will have opened seven best-in-class multi-user facilities across strategic locations in Southeast Asia,” Oscar de Bok, chief executive officer for South and Southeast Asia, said on Bloomberg TV.
Seven new facilities are to be completed this year. DHL already launched a 17,000-square metre warehouse in West Java, Indonesia and will also launch a new facility in Bangkok’s Bang Na district later in 2013, as well as a facility in Bac Ninh province, Vietnam. New facilities will also be opened in Singapore and Malaysia.
The company also plans to grow its staff strength by some 65 per cent to about 25,000 people and expand warehouse capacity by more than 50 per cent to operate about 1.4 million square meters across the region.
