DHL to launch innovation centre in Singapore
With an initial investment of S$10 million, the Asia Pacific Innovation Centre (APIC) in Singapore will be the first centre for innovative logistics services and solutions in the region.
December 8, 2014
By Denice Cabel
Deutsche Post DHL is to open an Asia Pacific innovation centre in Singapore next year to pioneer sustainable solutions to keep world trade on the move. With an initial investment of S$10 million (EUR6 million), the Asia Pacific Innovation Centre (APIC) in Singapore will be the first centre for innovative logistics services and solutions in the region.
Due to be launched in the third quarter of 2015, the APIC is a partnership with Singapore’s Economic Development Board (EDB) and will be DHL’s second innovation centre in the world. DHL’s main Innovation centre is located in Troisdorf, Germany.
Kelvin Wong, assistant managing director, Singapore Economic Development Board said, “Singapore is proud to be home to DHL’s first Innovation Centre outside of Germany. DHL’s experience with innovation and solution development will enhance Singapore’s position as the leading logistics hub in Asia.”
He added, “With the establishment of the centre, businesses can look forward to cutting edge solutions targeted at harnessing short and long-term supply chain opportunities.”
Bill Meahl, chief commercial officer, DHL, said, “Innovation is vital to DHL as it allows us not only to develop new products, but also to breathe new life into our existing portfolio. With this S$10 million initial investment, we are proud of this milestone and of being a pioneer of innovative logistics solutions which has made us a world market leader.”