DHL Supply Chain, the global market leader for contract logisticssolutions, plans to invest EUR350 million in Southeast Asia overthe next five years to expand its warehousing capacity, workforceand sustainability initiatives.
This is part of a series of strategic investments by DHL SupplyChain over the past year, already adding up to EUR1.35 billionglobally. These investments into the supply chain infrastructure,people hiring and development, as well as automation,digitalization and sustainability in India, Latin America andSoutheast Asia support the omnisourcing strategies of DHL’scustomers in all major geographies, across all industries.
“There is an incredible opportunity for businesses in SoutheastAsia to strengthen supply chain resiliency. Companies are lookingat diversifying their supply chains. Southeast Asia, with itsefficient work environment and effective trade agreements such asthe China-ASEAN FTA, stands to benefit the most. Our multi-marketinvestment of EUR350 million in this region complements our globalinvestment strategy. These are strategic investments we take -despite the generally softer market environment – because we investin the future growth of our business and strongly believe in thestrategic expansion and diversification of our regional businesses.This puts us in a prime position to support our customers’ growthand omnisourcing strategy in the long term,” said Oscar de Bok,CEO, DHL Supply Chain.
DHL Supply Chain expanding capacity and future-proofing logisticscenters
With this investment, DHL Supply Chain will increase its current1.6 million square meters of warehouse space in Southeast Asia by25 percent, or 400,000 square meters. Highlights of this investmentinclude:
