DHL Supply Chain to invest RM654.46mil in Malaysia

From left: DHL Supply Chain Malaysia country managing director Mario Lorenz, DHL Supply Chain Southeast Asia CEO Andries Retief, DHL Supply Chain CEO Oscar de Bok and DHL Supply Chain Asia Pacific CEO Javier Bilbao at Penang Logistics Hub 4.

BAYAN LEPAS: DHL Supply Chain, the global market leader for contract logistics solutions, plans to invest 350 million euros (1 euro=RM4.99) in Southeast Asia with more than a third of the investment or 131 million euros (RM654.46 million) to flow into Malaysia over the next five years.

Of the 350 million euros, DHL Supply Chain will allocate 104 million euros in Singapore, 80 million euros in the Philippines, and 35 million euros in Indonesia to expand its warehousing capacity, workforce and sustainability initiatives.