DHL Express has launched a new flight service between Phnom Penh and Bangkok, one of its hubs in Asia Pacific, reports Yahoo Finance.
This express freighter service, the first operating to and from Phnom Penh, adds to the existing DHL Express flights between its hubs in Bangkok and Singapore, extending the Cambodian capital’s trade ties to more markets across the globe.
The new route will help meet rising import and export demands in Cambodia, especially in high-growth industries such as garment and construction.
Trade between Cambodia and Thailand reached $5.1 billion in 2015, and the country also imported $1.05 billion worth of goods from Singapore in 2014.
What’s the point of Phnom Penh-Bangkok Service?
This service will enhance the country’s global connectivity and trade relations, which can eventually also extend to ecommerce. With the new scheduled services between Phnom Penh and Bangkok, the new DHL service gives Cambodian exporters constant access to its global network spanning 220 countries and territories. Bangkok is one of four hubs for DHL Express in Asia Pacific.
Cambodia’s economy expanded approximately 7% in 2015. Its logistics capabilities are also rising.
Cambodia is fast becoming an important trading player in Southeast Asia and the demand for movement of goods will grow in tandem.
According to a write-up in Phnom Pen Post, the country’s ecommerce potential is blocked by poor logistics infrastructure and a largely unbanked market but as logistics and trade strengthens, ecommerce will have the potential to experience meteoric growth.
A version of this appeared in Yahoo Finance on August 2. Read the full version here.