Logistics company Deutsche Post DHL has invested S$10 million (€6 million), in an Asia Pacific Innovation Centre (APIC) in Singapore, due to launch in the third quarter of 2015.
“Through planning of future scenarios of logistics based on our trends research, we aim to inspire industries to invest in the right capabilities for innovative solutions in logistics,” said Mei Yee Pang, Vice President of DHL Asia Pacific Innovation.
According to DHL, the APIC is being developed in partnership with Singapore's Economic Development Board (EDB) and will be DHL's second innovation centre in the world, with its first Innovation Centre located in Troisdorf, Germany.
“Singapore is proud to be home to DHL's first Innovation Centre outside of Germany. DHL's experience with innovation and solution development will enhance Singapore's position as the leading logistics hub in Asia,” said Kelvin Wong, Assistant Managing Director at Singapore EDB.
According to DHL, the APIC will be located within the new S$160 million (€90 million) DHL Supply Chain Advanced Regional Centre (ARC) building that is currently under construction in Tampines LogisPark. APIC will invest in capabilities in analytics, e-commerce and last mile solutions for Asia Pacific markets.
“With the establishment of the centre, businesses can look forward to cutting edge solutions targeted at harnessing short and long-term supply chain opportunities,” said Wong.