A.P. Moller–Maersk (Maersk) has inaugurated its brand new warehouse in Sri Lanka at Wattala, spread over 100,000 square feet.
Present at the inauguration were Vikash Agarwal, Managing Director, Maersk South Asia, Biju Ravi, Head of Maersk Sri Lanka and Dr Parakrama Dissanayake – Deputy Chairman and Managing Director, Aitken Spence PLC and other leaders.
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Vikash Agarwal, Managing Director, Maersk South Asia, said: “Our new warehouse in Sri Lanka represents a strategic milestone in our commitment to strengthen our operations in the country.
“By leveraging Sri Lanka’s growing prominence as a logistics hub and investing in infrastructure that our customers have shown interest in, Maersk aims to deliver unparalleled value to its clients while contributing to Sri Lanka’s economic growth and development.”
Maersk’s new facility in Wattala, just 11 kilometres from the harbour, is reportedly prepared to capitalise on Sri Lanka’s attractive geographical position as a crucial centre for trade routes connecting Asia, Africa and Europe.
The 100,000-square-foot warehouse provides export consolidation and 3PL services, with 50,000 square feet devoted to each.
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Maersk’s new facility will provide end-to-end supply chain solutions, including storage, inventory management and distribution to both international and domestic customers.
The 3PL facility allows suppliers to store their products and move them quickly to consolidation facilities, saving time. Maersk’s next-door empty yard speeds up container travel into the consolidation point and, ultimately, to the port.
This new warehouse is expected to serve almost the entire Colombo market in under four hours. Furthermore, the facility is equipped with rainwater collecting, LED lighting and solar module compatibility to ensure ecologically responsible operations.
In March, Maersk opened a new 30,000-square-metre facility in Tijuana, Mexico to facilitate cross-border trade.