DHL Express targets Asian market
CEP provider DHL Express has laid out its road map for its business in Asia. Between 2020 and 2022, the group will invest approximately EUR 690 million to build or expand its facilities in key growth markets of Australia, Japan, Hong Kong S.A.R. and South Korea.
Equally, it intends to spend close to EUR 60 million to bolster its Asia Pacific air network such as introducing direct, new (e.g. Vientiane, Yangon), and frequent (e.g. Oceania) flight routes.
DHL Express expects shipment volumes in Asia Pacific to be 30-40% larger than last year's peak season, which typically starts around November and lasts until Lunar New Year.
Among facilities in question are the Osaka Distribution Centre in Japan, the company's Central Asia Hub (CAH) in Hong Kong and a planned investment in a gateway facility in Incheon, Seoul, South Korea. (sh)