DP World has opened of its first ever warehouse in Singapore.
Located at the Mapletree Benoi Logistics Hub, the 13,000 sq metre facility is the latest addition to the company’s warehousing network in the Asia Pacific region.
This Singapore facility means that the company now manages more than 800,000 sqm of warehousing space, including facilities in Incheon, South Korea and Hong Kong.
The May 7 announcement is the latest development in DP World’s journey to becoming the logistics partner of choice for the APAC region.
Within the last 12 months, it acquired top Asian logistics firms Legend Global Logistics, based in Singapore, as well as Savan Logistics and Cargo Services Far East.
DP World has also invested $50 million USD (€44 million) in the development of a new logistics centre at Busan New Port, South Korea.
DP World in Asia Pacific CEO and Managing Director, Glen Hilton said: “Today’s news is another significant milestone for us in Singapore, following the setup of our regional APAC headquarters here back in 2021.
“This new addition will better fortify our offerings across the entire spectrum of logistics services, backed by our network of ports and terminals in the region.
“With these new facilities in Singapore, Hong Kong and South Korea complementing the existing network of assets we manage, we are now better positioned than ever to deliver agile, efficient, and reliable logistics solutions.
“We will continue to make strategic investments in key markets to give the best possible service to our customers.”
Since relocating its APAC regional office to Singapore in 2021, DP World has more than tripled its employee numbers in that nation state, approximately 10 per cent of DP World’s global workforce.
In related DP World news see DP World talks dual supply chains.
