DHL plans USD100M Hong Kong expansion
DHL International plans to double its express cargo terminal capacity at Chek Lap Kok with a new USD100 million (HKD780 million) building to deal with the relentless stream of high-value manufactured goods from factories in Guangdong. DHL, owned by Deutsche Post World Net, plans to build another terminal close to its existing express cargo terminal which was awarded by Airport Authority’s franchise in 2002. The original plan was to expand to three terminals over an 11- or 12-year period. “We’re full,” said Kelvin Leung, DHL’s regional vice president. “We had envisioned a three-phase expansion of the hub, but the second two phases will be rolled into one now. ” The existing terminal’s peak handling capacity is about 20,000 shipments per hour, with plans to raise that to 45,000 by 2018 once all three phases are completed. The existing terminal handled about 440 tonnes per day in 2004, with an ultimate capacity of 900 tonnes per day expected by 2014. The new terminal will be of similar size to the existing 18,200-square-meter terminal, with building costs not expected to exceed USD100 million investment, Leung said.
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