Colombia DHL Express to invest USD 15 mln 2007-2011
Colombian company DHL Express, a subsidiary of global carrier and package delivery company DHL Express, part of the German postal services operator Deutsche Post, plans to invest USD15 mln (12 mln euro) in the period from 2007 to 2011 in its express national postal service.
The launching of this service was officially announced on October 10, 2006. The sum will be directed for the acquisition of new equipment and vehicles, as well as for the reorganisation of the company’s operations. Currently the company has 130 vehicles, but aims to reach 500 by 2011.
DHL Colombia’s division DHL Express is expected to have over 1,000 workers by 2011, nearly doubling its present workforce.
DHL Colombia will have to meet the competition of companies as Servientrega, TCC and Coordinadora in that segment.
The new service will be first offered to the corporate sector, available for 130 primary and secondary populated places as destinations for a package of up to 70 kg, and then to individuals.
DHL is a global leader in the national express postal service provision. The company was encouraged to expand its operations in Colombia due to the trade liberalisation in the region and the company’s positive performance on other markets there as Mexico.
