Danish Firm Opens Warehouse in Capital
DANISH logistic giant Damco has opened a 6,000-square-metre warehouse facility in Phnom Penh in response to the Kingdom’s growing importance as an emerging market, the company said in a statement. Damco Company (Cambodia), which is part of international conglomerate AP Moller-Maersk Group, said manufacturers have increasingly eyed Cambodia as a new and growing market. The company also noted the significant cross-border trucking throughout Cambodia, Vietnam and Thailand, which it said requires greater warehousing and distribution services.