DHL Express is investing EUR 24 mn to establish its largest distribution center in Egypt in partnership with Hassan Allam Holding’s Yanmu, the company said in a statement (pdf). The new hub will be built in Yanmu’s East Cairo Logistics Park and is set to become a key part of DHL’s regional expansion across the Middle East and Africa.
(Tap or click the headline above to read this story with all of the links to our background as well as external sources.)
The details: The facility spans 13k sqm, with 11k sqm of built-up space. Once completed, it will double DHL’s operational capacity in Egypt, accommodating more vehicles and enabling faster pickup and delivery times. The company expects the expansion to support a 27% increase in business volume by 2035.
What they said: “The new center marks a strategic step aligned with our growing business in Egypt and reflects our commitment to innovation and quality in providing world-class logistics services. We continue to invest in our infrastructure and digital transformation to deliver exceptional customer experiences. This project underscores our confidence in Egypt’s strong economy and its growing role as a regional logistics and trade hub,” CEO of DHL Express MENA Abdulaziz Busbate said.