DHL is investing $50 million (£32.7 m) in a new 44,000 sq m logistics centre in Sagamihara, Japan, as part of its plan to invest around $385 million (£252 m) into North Asia by 2015.
The facility will see the company’s warehouse space increase by 20 per cent and is due to be completed by March 2014.
DHL will use the facility and its know-how of the Japanese market to aim at delivering optimum logistics services primarily for the consumer retail industry.
The site offers access to Japan’s largest commercial zone, the Tokyo metropolitan area, as well as to airports and port facilities, as it is close to National Route No.16 and the Sagamihara Interchange of the Keno Expressway.
DHL Supply Chain North Asia CEO Victor Mok said, “With Asia’s influence becoming more and more evident in the world economy, the consumer retail industry is placing a growing emphasis on conquering the Asian market. This investment reflects DHL’s confidence in its future growth potential.”
The centre is jointly developed by Kenedix and ITOCHU Corporation and will be leased by DHL for ten years, starting from April 2014.