GLOBAL logistics giant FedEx Corp. on Wednesday denied reports it is moving its Asia Pacific hub to the Philippines from China.
“FedEx is not relocating and has no plans to relocate its Asia Pacific Hub,” the company said in a statement.
A news report quoting Philippine Ambassador to the US Jose Manuel G. Romualdez had indicated FedEx is returning its Asia-Pacific hub to the Philippines, saying it was “going to be operating a big hub in Clark.”
FedEx previously operated its Asia Pacific hub in Subic Bay in Zambales. However, the company transferred its operations to China where it opened its Asia Pacific hub in the international airport in Guangzhou in February 2009. FedEx decommissioned its facility in Subic in June 2009.
However, FedEx confirmed that it is planning to expand operations in Clark, Pampanga.
“Our planned operations in Clark will enable us to better serve our customers in the Philippines and are part of our ongoing expansion throughout the Asia Pacific region as our business continues to grow,” the company said.
“FedEx is committed to the Asia Pacific region, including our customers and employees in both China and the Philippines, and we continue to consider opportunities and make strategic investments to expand our service, enhance our network and provide greater global connectivity,” it added.
Finance Secretary Carlos G. Dominguez III mentioned in a public speech last month that FedEx had “signed a contract to locate in Clark.” — Arjay L. Balinbin