DHL is speeding completion of the $110 million upgrade of its Central Asia hub at the Hong Kong International Airport.
Originally slated for completion by 2013, the expansion will be completed six years ahead of schedule, the company said. The upgrade will double the size of the company's existing facility and allow the company to sort 35,000 parcels per hour, up from the current 20,000 parcels per hour.
The expanded facility, to be called the DHL Central Asia SuperHub, will meet the huge growth that DHL is experiencing in the region, said DHL.
The facility, connecting Macau and the Guangdong province, "is strategically positioned for us to meet the growth in intra-Asia as well as inter-regional trade," said Scott Price, CEO of DHL Express Asia Pacific. It will also play "a critical role as a gateway to the Pearl River Delta, which accounts for 40 percent of China's exports," he said.
In 2004, the Hong Kong hub handled more than 22 million shipments -- a figure that is expected to rise to 30 million this year.