DHL Global Forwarding Sri Lanka launches logistics compound – DHL Logistics Hub
DHL Global Forwarding Sri Lanka has reportedly moved towards consolidating its operations and facilities in Sri Lanka with a 225,000-square-foot logistics compound – “DHL Logistics Hub.”
The new compound comprises seven warehouses and the logistics company’s local head office and is strategically located just six kilometers from the Colombo Sea Port and 30 kilometers from the Bandaranaike International Airport.
According to the local media, in a move that demonstrates strategic investment and commitment to the long term potential and resilience of the Sri Lankan economy, DHL Global Forwarding has brought together all services to support the import and export of goods in and out of Sri Lanka at the DHL Logistics Park.
Amidst global trade tensions, Sri Lanka recently urged Chinese manufacturers to consider the country as a production base to tap its preferential duty-free treatment by the US and Europe and reduce tariff pressures, media reports further stated.
Accordingly, the consolidation of DHL Global Forwarding operations at the DHL Logistics Hub helps provide greater efficiencies for the local operations.
The compound consists of warehousing and transportation for fast-moving consumer goods, life sciences and healthcare, fashion and retail sectors.
OSL take:
Sri Lanka’s logistics sector is a fast developing industry due to the government of Sri Lanka targeting to make the country a maritime hub in the Indian Ocean. Sri Lanka’s geographical positioning in the Indian Ocean, the ease of doing business environment in the country and the many trade agreements as well as the trade concessions enjoyed by the country have made it an attractive business destination in the South Asian region. All these have resulted in the expansion of business opportunities in Sri Lanka’s maritime, aviation and logistics industries.
| Article Code : | VBS/AT/22102019/Z_4 |