DHL Supply Chain, the global market leader for contract logistics solutions, has entered into a joint venture with JG Summit Holdings Inc., one of the largest conglomerates in the Philippines with a diverse business portfolio, to provide best-in-class transport and distribution solutions for Philippine-based and international businesses in the country.
The joint venture company—DHL Summit Solutions, Inc.—leverages the strengths of both parties to enhance domestic transportation operations and to improve safety, compliance, and customer experience in the Philippines.
From left: Cornelio S. Mapa Jr., SVP, Investments and New Builds, JGSHI; Terry Ryan, CEO, Asia Pacific, DHL Supply Chain; Lance Y. Gokongwei, President CEO, JGSHI; Atty. Francisco Ed Lim, Chairman ACCRAIN Holdings; and Napoleon Ng, Managing Director, DHL Summit Solutions. IMAGE JG Summit Holdings/Jason Miraples
“The Philippines economy is expected to grow by 6% year-on-year and businesses will need to invest in world-class logistics and warehousing services to stay ahead of the competition,” said Lance Gokongwei, President and CEO of JG Summit Holdings, Inc. “With our diverse business portfolios and local networks, we are committed to help homegrown and international companies in the Philippines achieve their next phase of growth. Working with DHL is the ideal move for us, as we leverage their global footprint and tap onto their expert knowledge to provide integrated industry-leading services.”
Terry Ryan, CEO, DHL Supply Chain, Asia Pacific said, “We are seeing greater investment by the government on enhancing infrastructure such as setting up integrated logistics and industrial parks, and customers can count on our expertise in this aspect to serve their needs. Our global network and local expertise puts us in good stead as the most reliable logistics partner they need, to fully capitalize on the market opportunities.”
As one of the most dynamic economies in East Asia, the Filipino economy is projected to grow exponentially, supported by the government’s Development Plan for the period 2017-2022 which is aimed at accelerating infrastructure programs and projects especially for the healthcare, telecommunication, electronics and retail sectors.