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DHL to open first innovation centre for Asia Pacific in Singapore
A S$10 million (US$7.56 million) Asia Pacific innovation centre (APIC) is to be opened in Singapore in the third quarter of 2015 by logistics giant Deutsche Post DHL to pioneer sustainable solutions to keep world trade on the move.
The APIC is being developed in partnership with Singapore's Economic Development Board (EDB) and will be DHL's second facility of its kind in the world after Troisdorf, Germany.
"With the establishment of the centre, businesses can look forward to cutting edge solutions targeted at harnessing short and long-term supply chain opportunities," said Singapore Economic Development Board assistant managing director Kelvin Wong.
"By 2020, we expect 30 per cent of our global revenue from emerging markets up from 20 per cent today. Asia Pacific makes up a large part of this ambition," said DHL chief commercial officer Bill Meahl.
"Singapore has been a strong base for DHL to grow from strength to strength in this region and an excellent location for this centre given its strong infrastructure, rich network of innovation partners and talent pool," he said.
APIC will serve as a regional platform to "inspire, connect and engage customers, industry partners, the Singapore research and government community on business and innovation related issues, and create real value," a company statement said.
The APIC will be located within the logistic company's new S$160 million supply chain advanced regional centre (ARC) building currently under construction in Tampines LogisPark.
The APIC will also house the region's first Asian Centre of Competence for Automation and invest in research to identify relevant automation technologies. The ARC will be designed for complex multi-sector and multi-user operations, and will offer automated storage and an order picking system.
The APIC is being developed in partnership with Singapore's Economic Development Board (EDB) and will be DHL's second facility of its kind in the world after Troisdorf, Germany.
"With the establishment of the centre, businesses can look forward to cutting edge solutions targeted at harnessing short and long-term supply chain opportunities," said Singapore Economic Development Board assistant managing director Kelvin Wong.
"By 2020, we expect 30 per cent of our global revenue from emerging markets up from 20 per cent today. Asia Pacific makes up a large part of this ambition," said DHL chief commercial officer Bill Meahl.
"Singapore has been a strong base for DHL to grow from strength to strength in this region and an excellent location for this centre given its strong infrastructure, rich network of innovation partners and talent pool," he said.
APIC will serve as a regional platform to "inspire, connect and engage customers, industry partners, the Singapore research and government community on business and innovation related issues, and create real value," a company statement said.
The APIC will be located within the logistic company's new S$160 million supply chain advanced regional centre (ARC) building currently under construction in Tampines LogisPark.
The APIC will also house the region's first Asian Centre of Competence for Automation and invest in research to identify relevant automation technologies. The ARC will be designed for complex multi-sector and multi-user operations, and will offer automated storage and an order picking system.
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