DHL Supply Chain has announced that it will invest more than 70m (US$84m) in growing its regional footprint in Thailand, Vietnam, Cambodia and Myanmar by 2020.
The first and only logistics company to acquire an operational business license in Myanmar since last month, DHL Supply Chain already benefits from a position of market leadership in Thailand and Vietnam, and will concentrate on Cambodia next for further growth opportunities. Over the next three years, the company plans to build new facilities, expand its fleet of trucks and invest in new technology, creating an additional 5,000 jobs in the four countries.
John Gilbert, CEO, DHL Supply Chain, said, “Asia-Pacific is one of the most important regions for DHL Supply Chain, being accountable for a significant share of our revenues in 2016. Consumer, retail and tech industries drive these developments, becoming evident in increased amounts of new and extended contracts. Being already the market leader for the region, it is fully natural for us to foster our commitment in the region and remain a reliable partner.”
DHL’s investment will also serve the wider needs of a growing Thailand, and an economy that is expected to return to accelerated growth. According to Kasikorn Bank research, growth in the land transport and warehouse market is expected to be around 5-7% in 2017.
Kevin Burrell, CEO, Thailand Cluster, DHL Supply Chain Thailand, said, “With the technology and innovation that we invest in warehouse and transport operations in Thailand, coupled with our ability to deliver integrated solutions for customers, we are striving to drive enhanced value, which in turn acts as a strong differentiator for us in the market.”
DHL Supply Chain Thailand recently completed a move to new premises in Bangkok’s business area. DHL’s nationwide network includes a combined warehouse space of approximately 650,000m2 (7,000,000ft2) across more than 70 facilities, supported by 10,000 dedicated employees. DHL has also employed intelligent systems in warehouse and transport operations, such as automation and robotics, unmanned vehicles, vision picking, transport control tower and telematics.
Burrell added, “DHL provides sector-specific services across the entire supply chain, encompassing warehousing management, transportation for various business types, expertise in end-to-end supply chain solutions and full management services.
“We will continue to consolidate and support markets in which we lead, namely Thailand and Vietnam, and invest in markets where we aim to lead, such as Myanmar and Cambodia.”
August 29, 2017
