DHL has commenced operations in its latest Global Center of Excellence (GCOE) in Malaysia’s Iskandar Malaysia economic zone – the first such public-private partnership in the country.
The GCOE consolidates supply chain consultancy services and logistics design for many of Iskandar Malaysia’s focal industries including automotive, energy, engineering & manufacturing, life sciences & healthcare, and technology.
“The GCOE enhances the logistics ecosystem in Iskandar Malaysia where speed, connectivity and logistics solutions are the backbones of today’s business,” says Jimmy Puah Wee Tse, the Johor State EXCO for International Trade, Investment and Utilities.
“The Johor State Government will continue to support and encourage more public and private corporations to amplify this initiative, and make Johor and Iskandar Malaysia attractive investment destinations,” he said during the launch at Medini, Iskandar Puteri, Johor.
Citing Malaysia’s rising exports – which for the first nine months of 2018 grew 6.3 per cent, year-on-year, to MYR 733.61 billion (USD 175.4 billion) according to government statistics – DHL notes the opening of this GCOE comes at a pivotal juncture in the country’s economic development.
The Iskandar Malaysia economic zone occupies more than 2,200 sqkm with the goal of generating more than MYR 120 billion in GDP for Malaysia by 2025.
“With rapid growth in flagship sectors like technology and manufacturing, and alongside heightened interests from major trading partners like China, Korea and Japan, Iskandar Malaysia must be ready with its own in-house, high-quality logistics services that can connect it to the rest of Asia and ultimately, the world,” said Khairil Anwar Ahmad, president and chief executive officer of Iskandar Investment Berhad (IIB).
Established by DHL in partnership with Iskandar Innovations Sdn Bhd, a wholly-owned subsidiary of IIB, with joint seed investments exceeding USD 2.0 million, the GCOE is the interchange connecting key stakeholders in the ecosystem to support businesses operating out of the special economic zone, particularly those looking to expand throughout Asia rapidly.
As a catalyst in Iskandar Malaysia, IIB is collaborating with DHL offering access to its global network, industry expertise and innovations, and marketing capabilities to put Iskandar Malaysia on the global logistics map.
“We envisage Iskandar Malaysia as a gateway between Asia and the rest of the world; one which will rely on resilient and adaptive logistics connectivity to reach its full potential,” said Philip Chu, managing director, Global Center of Excellence Iskandar Malaysia.
“Its logistics services will be fully integrated with the broader workings of Iskandar Malaysia to speed up and streamline growth for businesses. The GCOE acts as the integrated platform connecting authorities, ecosystem partners and chambers of commerce through a joint value proposition to support potential investors,” Chu adds.
Apart from strengthening collaboration between companies and key stakeholders in Iskandar Malaysia, GCOE will also host networking sessions, workshops, and other forums designed to attract high-quality logistics talent to the area.
It will place special focus on digital and green logistics innovation, complementing Iskandar Malaysia’s investments in Smart City and eco-friendly infrastructure including an Integrated Operations Center for city-wide sensor and data management, and other initiatives aimed at improving environmental sustainability and carbon emissions across the zone’s industries.