Search

Search form

Logo of Phnom Penh Post newspaper Phnom Penh Post - Damco expands operations

Damco expands operations

Damco expands operations

Alongside growing Cambodian exports, Danish logistics company Damco opened a second CFS warehouse facility in Phnom Penh yesterday.

The 10,500-square-metre facility, on National Road 4, brings the company’s total warehousing capacity in Cambodia to 16,500 square metres.

“We have seen many new factories set up, especially in the garment sector, and Damco also sees the need to raise the level of our logistics services,” Damco Cambodia managing director Andy Lim said at the inauguration ceremony.

In January, the Post reported that the total value of Cambodia’s exports had risen 10.2 per cent to $5.48 billion last year, compared with $4.97 billion in 2011.

But a lack of infrastructure and high electricity costs were still challenges for the logistics industry in Cambodia, Damco Asia Pacific chief executive Karsten Breum said.

In Cambodia, Damco — part of the AP Moller-Maersk Group — works with clients such as Adidas, Puma and Levi’s.

RECOMMENDED STORIES

  • Breaking: PM says prominent human rights NGO ‘must close’

    Prime Minister Hun Sen has instructed the Interior Ministry to investigate the Cambodian Center for Human Rights (CCHR) and potentially close it “because they follow foreigners”, appearing to link the rights group to the opposition Cambodia National Rescue Party's purported “revolution”. The CNRP - the

  • Rainsy and Sokha ‘would already be dead’: PM

    Prime Minister Hun Sen on Sunday appeared to suggest he would have assassinated opposition leaders Sam Rainsy and Kem Sokha had he known they were promising to “organise a new government” in the aftermath of the disputed 2013 national elections. In a clip from his speech

  • Massive ceremony at Angkor Wat will show ‘Cambodia not in anarchy’: PM

    Government officials, thousands of monks and Prime Minister Hun Sen himself will hold a massive prayer ceremony at Angkor Wat in early December to highlight the Kingdom’s continuing “peace, independence and political stability”, a spectacle observers said was designed to disguise the deterioration of

  • PM tells workers CNRP is to blame for any sanctions

    In a speech to workers yesterday, Prime Minister Hun Sen pinned the blame for any damage inflicted on Cambodia’s garment industry by potential economic sanctions squarely on the opposition party. “You must remember clearly that if the purchase orders are reduced, it is all