• Joint seed investment of over USD 2 million from Iskandar
  Investment Berhad and DHL to improve the logistics ecosystem in
  Iskandar and market it to the world
• GCOE provides
  industry-specific logistics solutions to Iskandar
  Malaysia's focal industries including Manufacturing, Technology and
  Life Sciences
• GCOE fosters
  ongoing logistics innovation, including digital and green logistics, to attract
  top talent and boost supply chain efficiency for the region

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ISKANDAR PUTERI, MALAYSIA�-�Media OutReach�- December 12, 2018 -�DHL has officially commenced operations
in its latest Global Center of Excellence (GCOE) in Iskandar Malaysia -- the first such public-private partnership in the
country. The GCOE consolidates supply chain consultancy services and
logistics design for many of Iskandar Malaysia's focal industries including
Automotive, Energy, Engineering & Manufacturing, Life Sciences & Healthcare,
and Technology.

(Left to right)
YBhg Datuk Ir Khairil Anwar Ahmad, President/CEO of Iskandar Investment Berhad
YB Jimmy Puah Wee Tse, Chairman of International Trade, Investment and Utilities Committee, Johor State
Mr Philip Chu, Managing Director, GCOE Iskandar Malaysia

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The GCOE Iskandar Malaysia being officially opened by (left to right) Mr Philip Chu, Managing Director, GCOE Iskandar Malaysia; YB Jimmy Puah Wee Tse, Chairman of International Trade, Investment and Utilities Committee, Johor State; YBhg Datuk Ir Khairil Anwar Ahmad, President/CEO of Iskandar Investment Berhad; and YBhg Dato' Haji Adib Ashari Bin Daud, Mayor of Iskandar Puteri.

The GCOE Iskandar Malaysia is the interchange connecting key stakeholders in the ecosystem to support businesses operating out of the special economic zone. (Left to right) YBhg Datuk Ir Khairil Anwar Ahmad, President/CEO of Iskandar Investment Berhad; YB Jimmy Puah Wee Tse, Chairman of International Trade, Investment and Utilities Committee, Johor State; Mr Philip Chu, Managing Director, GCOE Iskandar Malaysia; and YBhg Dato' Haji Adib Ashari Bin Daud, Mayor of Iskandar Puteri.

The opening of the GCOE �was
officiated by YB Jimmy Puah Wee Tse, the Johor State EXCO for International
Trade, Investment and Utilities. "The GCOE �enhances the logistics ecosystem in Iskandar
Malaysia where speed, connectivity and logistics solutions are the backbones of
today's business. The Johor State Government will continue �to support and encourage more public and
private corporations to amplify this initiative, and make Johor and Iskandar
Malaysia attractive investment destinations," he said during the launch at
Medini, Iskandar Puteri, Johor.

�

With Malaysia's exports
consistently hitting new highs throughout 2018,[1]
the opening of this GCOE comes at a pivotal juncture in the country's economic
development as one of Southeast Asia's industrial powerhouses. The Iskandar
Malaysia economic zone occupies more than 2,200 sq-km -- more than 10% of the
Johor state in which it is located -- with the goal of generating more than RM
120 billion (�25.5 billion) in GDP for Malaysia by 2025.[2]

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"With rapid growth in
flagship sectors like technology and manufacturing, and alongside heightened
interests from major trading partners like China, Korea and Japan,[3]
Iskandar Malaysia must be ready with its own in-house, high-quality logistics services
that can connect it to the rest of Asia and ultimately, the world," said Datuk
Ir. Khairil Anwar Ahmad, President and Chief Executive Officer of Iskandar Investment Berhad (IIB).

�

Established by DHL in
partnership with Iskandar Innovations Sdn Bhd, a wholly-owned subsidiary of IIB,
with joint seed investments exceeding USD 2 million, the GCOE is the
interchange connecting key stakeholders in the ecosystem to support businesses
operating out of the special economic zone, particularly those looking to
expand throughout Asia rapidly. As a
catalyst in Iskandar Malaysia, IIB is collaborating with DHL -- offering access
to its global network, industry expertise and innovations, and marketing
capabilities -- to put Iskandar Malaysia on the global logistics map.

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"We envisage Iskandar
Malaysia as a gateway between Asia and the rest of the world; one which will
rely on resilient and adaptive logistics connectivity to reach its full
potential," said Mr. Philip Chu, Managing Director, Global Center of Excellence
Iskandar Malaysia. "Its logistics services will be fully integrated with the
broader workings of Iskandar Malaysia to speed up and streamline growth for
businesses. The GCOE acts as the integrated platform connecting authorities,
ecosystem partners and chambers of commerce through a joint value proposition
to support potential investors."

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"As the Iskandar region
begins to build a critical mass of investment and industry development,
businesses in the area have already begun turning to us for logistics solutions
that don't just deliver their goods, but scale and evolve to keep up with their
fast-moving strategies and customer demands. Placing the GCOE in Iskandar
Malaysia's nexus of industry and transport infrastructure will ensure that
these businesses can access logistics services as innovative as their own
offerings for the years of growth to come," said Mr. Matthias Heutger, Senior
Vice President, Head of Innovation & Commercial Development, DHL.

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Apart from strengthening
collaboration between companies and key stakeholders in Iskandar Malaysia, GCOE
will also host networking sessions, workshops, and other forums designed to attract
high-quality logistics talent to the area. It will place special focus on digital
and green logistics innovation, complementing Iskandar Malaysia's investments
in Smart City and eco-friendly infrastructure including an Integrated
Operations Center for city-wide sensor and data management, and other initiatives
aimed at improving environmental sustainability and carbon emissions across the
zone's industries.[4]

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DHL -- The logistics company for the world

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DHL is the leading global brand in the
logistics industry. Our DHL family of divisions offer an unrivalled portfolio
of logistics services ranging from national and international parcel delivery,
e-commerce shipping and fulfillment solutions, international express, road, air
and ocean transport to industrial supply chain management. With about 360,000
employees in more than 220 countries and territories worldwide, DHL connects
people and businesses securely and reliably, enabling global trade flows. With
specialized solutions for growth markets and industries including technology,
life sciences and healthcare, energy, automotive and retail, a proven
commitment to corporate responsibility and an unrivalled presence in developing
markets, DHL is decisively positioned as "The logistics company for the world".

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DHL is part of Deutsche Post DHL Group. The Group generated revenues of
more than 60 billion euros in 2017.

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About Iskandar Investment
Berhad (IIB)

Iskandar Investment Berhad (IIB) is a Catalyst of Change and a key
player in Iskandar Malaysia's transformation into a regional metropolis of
international standing. Incorporated in November 2006, IIB is tasked to ensure
Iskandar Malaysia continues its successful trajectory into an attractive
investment destination and a vibrant liveable region via catalytic and high
impact projects. IIB focuses on the development of Iskandar Puteri in the
education, creative, tourism and leisure as well as health and wellness sectors.
IIB's prominent accomplishments include the successful joint ventures and
investment partnerships in EduCity, LEGOLAND � Malaysia Resort, Iskandar
Puteri, Medini and infrastructure projects under the 9th Malaysia Plan in
Iskandar Malaysia. IIB is committed to steering economic and environmentally
sustainable growth in Iskandar Malaysia and ensuring inclusive growth for local
Iskandarians through employment and income opportunities.

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For more information on IIB, please visit www.iskandarinvestment.com