DHL Supply Chain invests $506.3m for Southeast Asia expansion
This will include the development of two new facilities in Singapore.
DHL Supply Chain has placed an investment of $506.3m (EUR350m) for the expansion of warehousing capacity, workforce, resiliency and sustainability over its Southeast Asia operations for the next five years.
For its Singapore operations, portions of the investment will cover two new projects: a modern 17,000 square meters (sqm) single-floor facility, and the acquisition of 60,000 sqm of space for the support of five classes of Dangerous Goods, it said in a statement.
Through its Singaporean facilities, DHL Supply Chain will increase warehouse capacity by over 50%, exceeding 230,000 sqm. Each one complies with its commitment toward carbon neutrality and sustainability through the use of eco-friendly packing materials and electric vehicles by 2025.
“More companies are interested to set up their supply chain hubs in Singapore, given the country's outstanding infrastructure, connectivity and business environment. We are investing ahead of the curve to bolster our value offering to customers, so their business is future-proof and resilient,” Andries Retief, CEO of DHL Supply Chain Southeast Asia, stated.
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The addition of facilities will accommodate 300 new jobs by 2024, boosting automation and production in the supply chain. DHL Supply Chain will also cover structured training programmes for employee and leadership upskilling.
“A report by the Singapore government showed that nearly a third of the jobs in supply chain will be outdated in two years. We have put in place programs that will help upskill our employees and allow them to pursue different roles in areas such as data analytics and automation,” Eunis Hew, Managing Director of DHL Supply Chain Singapore, weighed in on the employment prospects for DHL Supply Chain Singapore.
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