DP World announced that it is expanding its end-to-end supply chain solutions in Australia through a significant new investment in Stockland's Yennora Distribution Centre in Sydney.
In a statement, DP World noted that by February 2024, it will almost double warehousing capacity at Yennora by adding three new warehouses with a combined area of nearly 45,000 sqm to create a major contract logistics hub.
These new warehouses — along with an existing 60,000 sqm facility at the site — will be operated in partnership with AWH, Australia’s biggest warehousing provider.
"The expanded facility will provide customers with a full end-to-end supply chain service, connecting importers and exporters to a range of logistics services via rail and road," DP World said.
It added that customers will also benefit from the seamless connectivity to DP World sites at Port Botany and the Sydney Port Precinct, gaining access to a suite of services, including warehousing, transportation and freight forwarding.
"We are excited to expand our presence at Yennora Distribution Centre. By boosting our logistics capabilities and integrating our infrastructure, we will create a contract logistics hub in one of the largest intermodal terminals in the region to enable stronger and more efficient supply chain solutions for our customers," said Glen Hilton, CEO & managing director for DP World in Asia Pacific.
"This project will create significant value for the existing tenants, as well as attract other importers and exporters that will benefit from a seamless supply chain from factory floor to customer door," he added.
DP World noted that the expansion is part of DP World's global strategy to become a customer-centric, end-to-end supply chain solutions provider.
The company said it is investing heavily in its logistics capabilities around the world, and the Yennora expansion is a significant step forward in this effort.
The Yennora Distribution Centre is one of the Southern Hemisphere's largest distribution centres and among six intermodal terminals servicing the greater Sydney area.
The centre operates as an intermodal terminal with rail sidings connected to the Main Southern Rail Line, providing direct connectivity to Port Botany and DP World's Sydney Terminal and container park facility for imports and exporters within the zone.
DP World will also play a critical role in co-designing a new master plan for the Yennora Distribution Centre with owner Stockland, one of Australia's largest diversified property groups.
"We are excited to welcome DP World to Yennora and partner with them on plans to redevelop this important site into a state-of-the-art logistics hub that meets the future freight and warehousing needs of our customers," said Tony D'Addona, executive general manager of Stockland's Logistics business.
He added that with over 300,000 sqm of warehouse space and around 67,000 sqm for container hardstands, the Yennora Distribution Centre provides customers with the scale and connectivity that they need to grow their business and maximise economic opportunities.