Schenker sets up new Cambodia entity
In a move to strengthen its foothold in the fast-growing market of Cambodia, DB Schenker announced the opening of its new company, DB Schenker (Cambodia) Limited from 1 January, based in Phnom Penh.
March 2, 2015
In a move to strengthen its foothold in the fast-growing market of Cambodia, DB Schenker announced the opening of its new company, DB Schenker (Cambodia) Limited from 1 January, based in Phnom Penh. With the creation of this new business entity, DB Schenker fully takes over the business and operations of its former exclusive partner in Cambodia, SGL (Cambodia) Ltd.
“We are pleased to announce that the same operations teams who have been successfully handling the requirements of DB Schenker’s customers in Cambodia will continue to perform the same functions and services to ensure a seamless transition from operating under an agent partnership to a fullyowned business entity of DB Schenker in Cambodia,” says Philip Law, former country manager of SGL (Cambodia) Ltd. and present country manager of DB Schenker (Cambodia) Limited.
“Since DB Schenker first established its presence in Cambodia through its partnerships with local exclusive agents beginning in 1996, we have been successfully servicing the transport and logistics needs of top brands in industries such as retail, electronics and other key vertical markets,” says Juergen Braunbach, MD of DB Schenker (Cambodia) Limited.
“This move to create DB Schenker (Cambodia) Limited simply cements our commitment to invest in the dynamic and developing Cambodian market as we foresee its growing importance within Asia Pacific and the global economy in the coming years,” adds Braunbach.