Dünya – Deutsche Post DHL plans to invest EUR 100 million in Turkey, a vital emerging market for the global logistics company’s future operations. The German company’s investments in Turkey will grow 3-fold when compared to previous years as part of its “Focus, Connect, Grow” strategy which envisions growth in emerging markets.
“With the target to grow in emerging markets, we plan to invest EUR 100 million in Turkey until 2020. We aim to strengthen Turkey’s status as a logistics hub by opening new trade routes to Asia-Pacific, the Middle East and Africa” noted Frank Appel, Deutsche Post DHL CEO . Stating that Turkey had proved its worth as a safe haven for direct investments, Appel said that the country had a large and dynamic domestic market that would support economic growth for years to come.
Emerging markets will make up 30 percent of Deutsche Post DHL’s revenue by the year 2020, up from 20 percent. The company’s investments in its Turkish operations will be channeled into facility, vehicles, staff and service development. The logistics giant is operating under three different brands in Turkey; DHL Express, DHL Supply Chain and DHL Global Forwarding.