It will increase capacity to 125,000 shipments per hour.
DHL expands its Central Asia Hub (CAH) in Hong Kong for $3.09b (€335m).
According to a press release, the expansion marks DHL's total commitment to the hub at over $4.79b (€520m).
DHL said the CAH brought about an average 12% YoY growth in its shipping volume in the past decade.
The CAH will remain as the core hub of DHL Express' global and Asia Pacific regional network, which handles 40% of its total volumes in the region.
The expanded CAH will have an enhanced material handling system to increase the hub's throughput capacity from 75,000 shipments per hour to 125,000 shipments per hour.
When operating at its full capacity, the annual throughput of the expanded CAH is expected to go up by 50% to 1.06 million tonnes per annum.
The expanded CAH will also handle six times more in terms of shipment volume than when it was first established in 2004.
The expansion will boost the CAH's warehouse space by 50% to 47,000 sqm.
The expanded CAH is expected to begin operations in Q1 2022.
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