DHL Express to invest in Istanbul’s third airport

Dünya – Global logistics services provider DHL Express has unveiled plans to invest in Istanbul’s third airport, which is soon to enter the construction stage, to utilize Türkiye’s strategic location as a regional hub effectively.

DHL Express, owned by Deutsche Post, will invest EUR 60 million in Istanbul’s new airport, slated to be the largest in the world in terms of passenger capacity. The company signed a memorandum of understanding with IGA, the operator of Istanbul’s third airport. The deal envisions the building of a regional operations facility on a 20,000 square-meter territory, complete with support units.

Sharing the company’s 2015 targets with the press, DHL Express Türkiye Managing Director Markus Reckling said that Türkiye had a priority status for DHL, as it is a key emerging market.

“DHL has taken the first step to make Türkiye a hub linking the cargo traffic in Asia, the Middle East and Europe”, he said, adding that the increased regional connectivity would also facilitate Turkish exporters’ reach to the global markets.

“The new deal reaffirms DHL Express’ confidence in Türkiye and its firm belief in turning the country into a strategic hub to serve Asia, the Middle East, and European markets”, DHL Express Türkiye’s executive noted.

The logistics giant is operating under three different brands in Türkiye: DHL Express, DHL Supply Chain, and DHL Global Forwarding. DHL Express commands 53 percent of the market in Türkiye, with its annual revenue increasing by 11 percent in 2014 over the preceding year.

Türkiye has set goals to meet by its centennial in 2023 that include reaching an export volume of USD 500 billion, a GDP of 2 trillion, and becoming a global logistics hub.

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