MIDA, DHL Extend Partnership To Strengthen Malaysia's Logistics Ecosystem As Leading Foreign Investment Hub

KUALA LUMPUR, June 26 (Bernama) -- DHL and Malaysian Investment Development Authority (MIDA) had signed a memorandum of understanding (MoU) yesterday to extend their longstanding partnership.

MIDA said in a joint statement today that under the renewed collaboration, all four DHL business divisions operating in Malaysia namely DHL Express, DHL Supply Chain, DHL Global Forwarding, and DHL eCommerce will work closely with MIDA to strengthen the logistics and supply chain ecosystem, supporting Malaysia’s position as a leading hub for foreign investments.

MIDA chief executive officer Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid said the renewed partnership with DHL represents a strategic alliance that will accelerate Malaysia's journey towards becoming the region's premier smart logistics hub.

“Malaysia's logistics sector has undergone a remarkable transformation, emerging as a powerhouse of innovation and technological advancement.

“We are witnessing developments in digital technology and smart automation, from AI-powered route optimisation and real-time tracking to advanced warehouse robotics and autonomous delivery systems,” he said.

Meanwhile, DHL Express Malaysia and Brunei managing director Julian Neo said as multi-shoring and multi-sourcing increase in strategic prevalence, Malaysia is well positioned to capitalise on this momentum due to its regional connectivity and conducive business ecosystem.

“With our extensive network and experience in facilitating cross-border trade, DHL Express is proud to assist MIDA in appealing to global investors by enabling seamless market entry and providing end-to-end logistics solutions.

“Together, we can make effective progress in our shared mission to bolster the country’s competitive and innovative potential.”

Meanwhile, DHL said it remains committed to elevating Malaysia’s profile among multinational corporations seeking to diversify their manufacturing and sourcing operations.

“With its strong presence in Malaysia and comprehensive end-to-end logistics and supply chain capabilities, DHL is well equipped to support foreign investors in enhancing supply chain resilience by leveraging Malaysia’s strategic location,” it added.

-- BERNAMA