BOI signs investor for $ 3 m fulfilment centre
The Board of Investment of Sri Lanka (BOI) announced yesterday (6) that it signed an agreement with Dart Global Logistics (Pvt.) Ltd. to set up a logistics fulfilment centre in the Muthurajawela Industrial Zone located in Kerawalapitiya, Wattala with an investment of over $ 3 million.
The agreement was signed by BOI Chairman Susantha Ratnayake and Dart Global Logistics Chief Operating Officer (COO) Jude Wijesundara with Group CEO S. Mohandas.
Dart Global Logistics, formally known as Dart Express, commenced operations in Sri Lanka in 1983 as part of the Hong Kong-based Dart Express Group.
The BOI said that the facility will offer top-of-the-range third-party logistics (3PL) services under one roof for various industry verticals. The 10,000 pallet position capacity warehouse, with a state-of-the-art warehouse management system (WMS) and latest material handling equipment, a well-trained team of logistic professionals is geared to handle a multitude of cargo requirements.
- Multiuser warehousing with a pay-as-you-use pricing model
- Order fulfilment with the ability to pick pallets/cases or units, carton flow racking, and shelving options
- Pick and pack with barcoded shipping labels for e-commerce fulfilment
- Islandwide goods transport from the fulfilment centre to retail/factories or regional depots
- Value-added services such as product repacking, bundling, and labeling
- QA facilities for goods inspections and verification
- Office space for clients on rent for on site stationing
- Integrated logistics services with freight, customs brokering, and transport for customers using the fulfilment centre
- Approved warehousing facility for BOI goods storage and related services
“The facility is fully equipped to provide all levels and total scope of 3PL services whilst technologically resourced by a Tier 1 WMS, with handheld RF scanners enabling exceptional accuracy and efficiency for effective inventory management and order fulfilment. In addition, a cutting edge transport management system (TMS) with route/load optimisations will give clients a very efficient, cost-effective logistics solution. All client interaction will be executed through an online platform for orders, receipts, and load bookings,” the BOI said.
With direct access to the highway within a two-minute reach, one of the key strategic advantages, the facility has the ability to offer total logistics solutions with their own international freight network and customs brokerage set up, which has been serving the Sri Lankan market for over 37 years.
The uniqueness of the strategic location being in-between the Colombo Port and the airport, apart from having direct access to the expressway network, would give the clients maximum advantage and opportunity to operate multifaceted cross-border shipping and trading operations by utilising this unique facility.
Dart Global Logistics has already acquired a few other facilities at strategic locations to support their very ambitious drive in total supply chain management, while bigger facilities are in the offing.
In 1983, due to the success of Sri Lankan operations, Dart Global Logistics expanded its reach to the Indian Subcontinent which had an enormous potential in the region. Over the years, the group has successfully made inroads and has been offering services in India, Bangladesh, Pakistan, Dubai, Madagascar, Mauritius, Vietnam, Indonesia, Cambodia, China, Myanmar, and the US over the last 37 years. Considered as one of the top international logistics service providers in the Asia Pacific region, Dart Global Logistics operates through 40 offices across 14 countries strategically located.