DP World opens multi-user, bonded, purpose-built warehouse in Singapore
Strategically located in the city-state, which is the financial conduit between China and South-East Asia, the 13,000 sq. m multi-user bonded, purpose-built warehouse at Mapletree Benoi Logistics Hub is the latest addition to DP World’s warehousing footprint in Asia Pacific, following the unveiling of similar facilities in Incheon, South Korea and Hong Kong respectively. Complemented by its global ports and terminals network and freight forwarding business, DP World now manages more than 800,000 sq. m of warehousing space across the region.
Since the relocation of its APAC regional office to Singapore in 2021, DP World has more than tripled its employee base in the country. Today, DP World employs more than 10,000 people in APAC, which makes up almost 10% of its global workforce.
Through key acquisitions in the last twelve months – including that of Singapore-based Legend Global Logistics (Legend) – the company has expanded its specialist logistics service offering for customers, adding new capabilities and expertise to its global networks of supply chain infrastructure.
Growing presence in Asia Pacific
In addition to Legend, DP World has completed the acquisition of Savan Logistics and Cargo Services Far East in the last twelve months. It also announced a US$50 million investment to develop a new logistics centre in Busan New Port, strengthening the port’s position as a logistics hub for Northeast Asia.
These moves are part of DP World’s broader vision to be the logistics partner of choice in Asia Pacific, delivering innovation, sustainability and operational excellence at every step of the supply chain, as per a release.
Source : Our Correspondent