DP World has opened its first warehouse facility in Singapore, marking a significant step in its regional expansion. Located in the Mapletree Benoi Logistics Hub, the 13,000sqm bonded warehouse is positioned to take advantage of Singapore’s position as a trade nexus between China and Southeast Asia. DP World has recently opened similar facilities in South Korea’s Incheon and in Hong Kong. With the other facilities in Incheon and Hong Kong, the company now operates 800,000 sqm in the Asia Pacific region.
With these new facilities in Singapore, Hong Kong and South Korea complementing the existing network of assets we manage, DP World is now better positioned to deliver agile, efficient, and reliable logistics solutions.
As part of its focus on the APAC region, DP World recently acquired Singapore-based Legend Global Logistics. It subsequently also acquired Savan Logistics and Cargo Services Far East and announced a $50m investment to develop a new logistics centre in Busan New Port.