Phnom Penh: Maersk Line and MCC Transport celebrated their 20-year milestone of having business operations in Cambodia with an event held at the Intercontinental Hotel in Phnom Penh yesterday.
“Our vessel calls in the early 1990s carried only a handful of containers, consisting of essential imports to help rebuild the country as it started opening up. Today, Maersk Line and MCC Transport bring in and take out over 2,000 containers each week through the ports in Sihanoukville and Phnom Penh,” said Benjamin Paul Wilson, Maersk Line country manager.
Import volumes have traditionally been higher than exports for Cambodia, but this trend is set to change in the coming years as the country’s manufacturing and agricultural production continue to grow at a fast pace.
Garments, footwear and agricultural products are some of the main exports from Cambodia. “Export volumes have been growing at over 20% year-on-year and we expect to see continued strong growth. Cambodia has several competitive advantages over its neighbouring countries, such as its relatively young and low-cost labour force,” added Wilson. [28/11/13]