FedEx establishes direct presence in Cambodia
13 / 10 / 2022
Photo: FedEx
FedEx Express is establishing a direct commercial presence in Cambodia, as the Southeast Asian country’s economic recovery gathers speed, with exports up 20% over last year to $27bn in the first half of 2022.
Kawal Preet, president of the Asia Pacific, Middle East, and Africa, FedEx Express, said: “FedEx continues to enhance its presence and services in emerging Southeast Asia markets like Cambodia to support the growth of small and medium-sized enterprises (SMEs). “Southeast Asia is one of the world’s fastest growing regions and its young and increasingly urbanized population is estimated to grow by 140m new consumers by 2030.”
Preet continued: “Many of Cambodia’s biggest trading partners are located beyond the Asia region, in North America and Europe, making a network like ours essential to provide greater access to international markets.
“As Cambodia’s stature in global trade continues to grow, its businesses need a more comprehensive range of services to help fuel the local economy.”
With a direct presence in the country, businesses in Cambodia gain greater access to a wider portfolio of FedEx shipping solutions. At the same time, the local service provider continues to provide the local infrastructure for ground operations.
Hardy Diec, managing director, FedEx Express Indochina, said: “Expanding our direct presence in Cambodia enables us to be closer to our customers and deliver greater support for their international shipping needs.
“With a dedicated FedEx support team offering logistics expertise and access to an extended portfolio of time-definite international shipping services, we’re making shipping easier for Cambodian customers as they look to export to more international markets.”
FedEx has facilitated trade in Cambodia since 1994, offering international shipping solutions and connectivity through local service provider TSP Express.
Cambodia’s government outlined its Industrial Development Policy 2015–2025 to build an efficient transportation network to drive the country’s future economic growth.
FedEx’s direct presence in Cambodia will help local businesses expand their reach to over 220 countries and territories served by FedEx.
