DHL Supply Chain to Invest More Than EUR70 Million in Southeast Asia
August 25 2017 - 5:07AM
Dow Jones News
By Sonia Amaral Rohter
Deutsche Post AG (DPW.XE) said Friday its DHL Supply Chain would
make an investment to grow its regional footprint in Southeast
Asia.
The German logistics company plans to invest more than 70
million euros ($82.6 million) by 2020 toward new facilities,
expansion of its truck fleet and new technology in Thailand,
Vietnam, Cambodia and Myanmar. The company expects the investment
will result in an additional 5,000 jobs in these countries.
Deutsche Post employs more than 508,000 employees world-wide as of
December 2016.
The company plans to strengthen its position in Thailand and
Vietnam and focus on growth in Cambodia.
Write to Sonia Amaral Rohter at
sonia.amaralrohter@dowjones.com
(END) Dow Jones Newswires
August 25, 2017 04:52 ET (08:52 GMT)
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