Release Date: 18 February 2007
Release ID: 886
* Multi million US dollar investment in Dubai World Central
* Dubai Logistics City sees Group expand presence
Deutsche Post World Net today announced its 30 year presence in the region. At a press conference held to commemorate the anniversary in Dubai Dr. Klaus Zumwinkel, Chairman and Chief Executive Officer of Deutsche Post World Net, announced the Group's growth strategy for the region.
DHL, the world's leading express and logistics operator, is set to expand its operations at Dubai World Central by more than 300,000 square meters over the coming years. These plans were supported by the news that the DPWN Group will invest significantly into expanding their presence in the region at the new Dubai Logistics City.
"With high economic growth, the Middle East is one of Deutsche Post World Net's most important regions. It is an emerging market that has the world's attention and as a result it presents a huge opportunity for our business," said Dr. Zumwinkel. "The investments in our new facilities will keep DHL at the forefront of the rapidly expanding logistics and express business," he added.
The expanded facilities build upon the existing footprint of 85,000 square meters in the Jebel Ali Free Zone, which is operated by Danzas AEI Emirates. The group's logistics entity, which represents the DHL Global Forwarding and Exel Supply Chain business in this region, recently announced two additional signing agreements. The first is on 30,000 square meters at the new Cargo Village Jebel Ali Airport forwarding area with an option for a further 15,000 square meters. It has also secured an additional 155,000 square meters in the DLC's specialized contract logistics area with an option for another 78,000 square meters.
DHL Express outlined plans to further invest in a state-of-the-art air integrator hub facility on a 50,000 square meter plot at the new World Central Airport in Jebel Ali. By recognizing the strategic importance of the World Central Airport as a major gateway for the region, this hub facility will compliment DHL's existing infrastructure network and provide long-term growth capacity to its current seamless Middle East air/road distribution model.
The investment and growth strategy of Deutsche Post World Net is backed up by its strong leadership position in the region, where major entities of the Group; DHL Express, DHL Exel Supply Chain and DHL Global Forwarding, are present in all countries in the region and employ over 10,000 people.
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