DHL Supply Chain, the world’s leading contract logistics provider, has announced it will invest Bt2.7 billion in growing its regional footprint in Thailand, Vietnam, Cambodia and Myanmar by 2020.
DHL Supply Chain is already a market leader in Thailand and Vietnam and in July 2017, the company was the first 100 per cent foreign-owned logistics company to acquire an investment permit from the Myanmar Investment Commission.
It said it 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.
DHL said its investment will also serve the wider needs of a growing Thailand, and an economy which is expected to return to accelerated growth.
It said Thai government investment in mega projects, such airport expansions and the Eastern Economic Corridor, are attractive elements for foreign investors in Thailand.
According to Kasikorn Bank research, the Thai land transport and warehouse market value in 2017 is expected to grow up to 7 per cent.
Kevin Burrell, chief executive officer of Thailand Cluster, DHL Supply Chain, 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 and beyond.
“The economic growth in Thailand is expected to gain momentum, and we stand ready to provide reliable contract logistics services to foreign companies who would look to expand their operations in Thailand.”
DHL Supply Chain Thailand recently completed a move to new premises at the G Tower Building in the Rama 9 business area in Bangkok.
It said the move is another step in its ongoing efforts to enhance “award-winning services and in-depth expertise in value-added services for integrated end-to-end supply chain solutions to better serve existing and new customers”.
It said it benefited from a reputation of being the leader in contract logistics in Thailand, and its nationwide network comprises a combined warehouse space of approximately 650,000 square metres across more than 70 facilities and supported by 10,000 employees.
“Working as a beneficial extension to its crucially important human talent, DHL has also employed intelligent systems in both warehouse and transport operations such as in automation and robotics, unmanned vehicles, vision picking, transport control tower and telematics,” it said.
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.
“DHL Supply Chain provides globally standardised, cost-efficient, high-quality and innovative solutions for customers across all sectors, including industrial, energy, chemical and healthcare. “We are committed to supporting customers by delivering exceptional operational services and innovation across Thailand’s entire supply chain, helping the country to become the premier logistics center for Southeast Asia. We will continue to consolidate and support markets in which we lead, namely Thailand and Vietnam, and is committed invest to provide industry-leading solutions in countries such as Myanmar and Cambodia.”
DHL said it has an ongoing commitment to investing in trend research and solution development.
“To enable effective collaboration, the company brings together customers, research and academic institutions, industry partners and logistics experts to create the best end-to-end mission-critical services for stakeholders across the region,” it said.