DP World is investing in Stockland’s Yennora Distribution Centre in Western Sydney.
The company said it would “almost double” warehousing capacity at the intermodal facility by adding three new warehouses with a combined area of nearly 45,000 square metres.
DP World said the warehouses are to be operated in partnership with logistics and warehousing services provider AWH.
DP World Asia Pacific CEO and managing director Glen Hilton said: “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.
“This project will create significant value for the existing tenants, as well as attracting other importers and exporters that will benefit from a seamless supply chain from factory floor to customer door,” Mr Hilton said.
The company said the expansion is part of its global strategy to become a “a customer-centric, end-to-end supply chain solutions provider”.
The Yennora Distribution Centre operates as an intermodal terminal with rail sidings connected to Main Southern Rail Line.
Stockland’s logistics business executive general manager, Tony D’Addona, said: “With over 300,000 square metres of warehouse space and around 67,000 square metres 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.”
