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.

MOST VIEWED

  • Hun Sen rejects ‘rift’ rumours spread by ‘stupid gangsters’

    Prime Minister Hun Sen on Wednesday denied a “rift” among top leaders of the Cambodian People’s Party (CPP), and rejected claims that Senate president Say Chhum and Interior Minister Sar Kheng were set to be removed from their positions as rumours spread by “gangsters”.

  • Huge 3.5-tonne ivory haul seized in capital

    Working with US officials, Phnom Penh Autonomous Port has uncovered almost 3.5 tonnes of elephant ivory hidden in a container, the US Embassy in Cambodia said on Facebook on Saturday. A tip-off provided to the General Department of Customs and Excise by a US Fish and

  • EU ambassador to Cambodia: Rights a ‘work in progress’

    The EU ambassador to Cambodia has called human rights “a work in progress” and said the 28-nation bloc has “carefully” noted last week’s statement by the government on taking further steps to strengthen democracy and the political sphere in the Kingdom. The EU marked

  • Assembly passes amendment to Political Party Law Article 45

    The National Assembly on Thursday unanimously approved a proposed amendment to Article 45 of the Law on Political Parties in a move that could pave the way for former senior opposition leaders banned for five years to return to the political stage. As expected, the 115 ruling