DHL Global Forwarding will invest over NT$33 million (US$1.1 million) in a new office in the Taiwanese city of Taichung to support Taiwan’s export and import industries.

According to DHL, the new office is aimed at ocean, air and multimodal transportation customers in the Greater Taichung region, in industries such as machinery, auto parts, metallic products, bicycles and sporting goods.

“With its exports growing extremely rapidly in recent times, Taiwan’s growth appears to have regained its economic stride and shows little sign of losing momentum,” said Steve Huang, CEO of DHL Global Forwarding Greater China. “As the country’s second-largest port, Taichung plays a pivotal role in maintaining that growth, particularly as its dominant industries benefit from relatively stable demand amidst global volatility. Taiwan continues to be a strategic location for our logistics network, and this latest investment will further raise the quality of service that our industrial customers, particularly in the fast-growing manufacturing sectors, can rely on to continue growing globally.”

The company has been offering a multimodal solution moving cargo from Taichung to DHL Global Forwarding China’s rail freight network. The multimodal offering is also available for shipments in Europe to mainland China by rail and to Taiwan by sea.

“Taichung’s economic growth and employment prospects continue to make it attractive to business and talent alike, particularly as Taiwan puts greater emphasis on turning the city into a hotspot for high-tech industrial development,” said Kenny Mok, managing director of DHL Global Forwarding Taiwan. “This new office will ensure that businesses seeking to capitalize on Taichung’s opportunities will have the same access to DHL’s high-quality logistics services as they do anywhere else in Taiwan and indeed the Greater China region.”

The Greater Taichung area is home to 20 industrial parks and more than 40% of factories in Taiwan, according to DHL.