| DHL to invest about US$110 mln for expansion in China |
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issue time:2007-03-10 08:12
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Feb. 16, 2007 (China Knowledge) – DHL, one of the world’s largest express delivery and logistics company, is planning to invest US$110 million in China over the next few years.
The investment will focus on infrastructure expansion, which includes more vehicles and service centers, and the training of staff in China, said Klaus Zumwinkel, board chairman of Deutsche Post World Net, DHL's parent company.
DHL has expanded its branch companies in China from 56 last year to 73, including a newly opened branch in Lhasa, capital of Tibet Autonomous region. From 2001 to 2006, DHL has invested US$ 1 billion in China, accounting for half of its investment in the Asia-Pacific region.
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