To date, the total investment for CAH has reached EUR 562 million since its establishment in 2004.
“This emphasizes DHL’s firm belief in the growth opportunities in Asia Pacific, and commitment to developing Hong Kong as an international aviation hub,” it said in a statement.
“We believe that global trade matters, and it’s here to stay. We have invested more than EUR1.8 billion into our three global hubs, demonstrating our commitment to support our customers’ growth as they expand globally,” said John Pearson, CEO, DHL Express.
“CAH is important to our customers in Asia and globally, as it handles close to 20% of DHL Express global shipment volume. While global trade is normalizing following a pandemic boom, our investments today will improve our global and regional network, putting us in an excellent place when global trade recovers.”
“Asia is home to some of the fastest growing markets in the world. Since it was established in 2004, we have seen a continued increase in air cargo demand driven by trade between Asia and other regions, and cross-border e-commerce. Even as global trade normalizes after the pandemic, we have seen over 30 percent growth in throughput between Asia and other continents in the first three quarters of 2023 when compared with the same period in 2019, far exceeding the pre-Covid level,” said Ken Lee Asia Pacific CEO of DHL Express .“Additionally, the strategic location of the Hub in Hong Kong opens doors to many opportunities for our customers in this region. We are confident that the expanded CAH will foster interconnectivity and underpin Asia’s status as a powerhouse of global growth.”Located strategically in the heart of Asia, the CAH serves as a gateway to one of the fastest-growing regions in the world.
DHL Express initiated the expansion of this facility to complement the launch of the Hong Kong International Airport’s three-runway system, set to be completed by 2024. The expanded CAH will further underscore Hong Kong’s role as an aviation center as it facilitates global trade flow and commerce.