Panalpina has expanded into Cambodia with an office in Phnom Penh offering air and ocean freight services, customer brokerage, in-land transportation, cross-border trucking, container freight station consolidation and warehouse and storage services.
The freight forwarder says the South East Asian nation offers opportunities in the textile, agriculture and construction industries, with garments making up 80 per cent of Cambodia’s manufacturing sector.
Airfreight volumes at Phnom Penh International Airport grew by 14 per cent in 2015, with demand for Cambodian textiles coming from Europe and the US, with garment and footwear exports growing 6.7 per cent compared to 2014, valued at $6.3 billion.
Panalpina Cambodia country manager, Benny Ong says: “Our new office in Cambodia demonstrates Panalpina’s interest in the emerging economies we believe will provide strong opportunities for business growth.”
“Having a physical presence in the country means that our customers can feel confident conducting business here, knowing that Panalpina is on site to provide the services they need to support their logistics and freight forwarding requirements.”