On a visit to SA and Nigeria this week, Deutsche Post DHL CEO, Frank Appel, stressed the overall importance of emerging markets in the group’s Strategy 2020, and specifically the encouraging development of Sub-Saharan Africa.
Appel said: “Today, emerging market revenues contribute over 20% to Deutsche Post DHL’s revenues. But, by 2020, the group expects this figure to climb to 30%.”
He also stressed that the group saw some excellent opportunities to further increase its presence in the Sub-Saharan region. “SA’s exceptional geographic location as the gateway to Africa, and Nigeria’s growing gross domestic product (GDP) and diversifying markets are only two of the many important indicators for this.”
He also pointed out that DHL is continuing to significantly invest in Sub-Saharan Africa, and has a planned investment in excess of the equivalent of over R254 million in 2015. Major projects underway include upgrades to facilities and shipment handling systems throughout the region.
And, Appel added, in October last year DHL had already announced investments totalling almost R456m in SA, by both its supply chain (R216.8m) and global forwarding (R239.2m) divisions.
Source: Deutsche Post DHL
Deutsche Post DHL CEO visits SA
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