DHL forms global logistics link in Libya
DHL Global Forwarding, the air and ocean freight specialist within Deutsche Post DHL has opened its first office in Libya in response to a new era of economic growth, following a recovery in oil and hydrocarbon production.
Addition to DHL’s global network, DHL Global Forwarding will cater to the needs of customers in key sectors, such as oil, energy, construction, telecommunications and pharmaceuticals. It will provide access to international standard services such as documentation handling, customs clearance and warehousing, air and ocean freight in addition to domestic and cross-border trucking.
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Thomas Nieszner, CEO of Europe, Middle East and Africa at DHL Global Forwarding, said: “Libya is opening up to investors from all over the world to help develop the oil rich country. The country’s post-revolution oil recovery has advanced faster than expected. Production for 2012 is close to 90 percent of pre-conflict levels and is expected to match pre-conflict levels in 2013 (IMF: Regional Economic Outlook: Middle East and Central Asia). This is spurring increased public spending to rebuild the nation as well as all-round economic growth, both of which require logistics support of the kind that DHL is best-equipped to provide.”
Libya is a major oil exporter, with a 2012 production level of up to 1.52 million barrels a day, versus an average of 166,000 per day in 2011. With a population of 6.5 million and per capital GDP of US $5,510 in 2011, real GDP growth for 2012 is expected to be 122 percent, following a contraction of 60 percent in 2011. Growth is expected to remain strong in the near term at 17 percent in 2013.
Located close to Tripoli’s business centre, DHL Global Forwarding opens its doors with staff strength of six. The team will serve clients in all major Libyan provinces and territories including Benghazi, Musrata, Sirte and Sabha, operating through three main ports - Tripoli, Khoms and Benghazi - and the two main airports of Tripoli and Benina. According to a statement released by the company, ‘DHL Global Forwarding is resource-ready to help support Libya’s growth as development of DHL’s operations and service portfolio in the Middle East and North Africa becomes a key focus for the company in the coming years. ‘
