DHL invests HK$2.9 in Hong Kong hub to boost capacity by 50 per cent

DHL Express is set to invest HK$2.9 billion (or US$371 million) in its Central Asia Hub in Hong Kong, which will increase the capacity of the hub by 50 per cent.

The expansion, which is scheduled for completion in 2022, would be able to process 125,000 shipments per hour, as opposed to its current 75,000.

This will equate to around 1.06 million tonnes per year.

The reason for the expansion, says Ken Allen, CEO of DHL Express, is to keep apace of growing demands for international trade in the region.

“Given the expected rise in international e-commerce and intra-Asian trade,” Allen said at a recent press conference, “DHL is committed to strengthening our global network and services.”

Ken Lee, CEO of DHL Express Asia-Pacific, added that the facility “will increase the speed of our shipment inspection by three times – enabling us to significantly expedite the processing speed of shipments that come through the CAH.”

(Source: South China Morning Post)