Business | General
DHL doubles Central Asia Hub capacity with $210 million investment
DHL has announced the completion of its $110 million Central Asia Hub (CAH) expansion.
- Staff Report
- Published: 17:06 September 9, 2008
Middle East: DHL has announced the completion of its $110 million Central Asia Hub (CAH) expansion.
Situated at the Hong Kong International Airport, the Central Asia Hub has doubled in size to 35,000 sqm - about the size of 120 tennis courts - and is expected to handle 40 million shipments this year.
The $210 million facility is the first large-scale automated Express hub in Asia Pacific and significantly boosts DHL's operational capability in Asia.
"Asia Pacific continues to be a key growth driver. The expansion of the CAH is a testament to the continued growth of intra-Asia trade and the Asia-Europe trade lane. Currently, over 60 per cent of express cargo processed by the Central Asia Hub is intra-Asia Pacific shipments, a figure we expect to continue to grow alongside rising intra-regional trade," said Dan McHugh, CEO of DHL Express Asia Pacific.
More from Business General
More from Business
Business Editor's choice
-
Saudi-Bahraini economic ties hit new high
Whilst press reports continue speculating on a possible new political structure defining ties between Saudi Arabia and Bahrain, facts on the ground confirm ever- stronger economic ties between the two neighbours
-
Cupid targets the Fed with early tweets
Declarations range from pure romance to cute overtures and racier fare
-
Do unemployment figures flatter to deceive?
Jobseekers and recruiters give out mixed signals ranging from optimism to downright despair even as official data show recovery
