News | August 9, 2010

Agility Launches Operations In Cambodia

Agility, a leading global logistics provider, has announced the official commencement of operations in Cambodia with the opening of an office in Phnom Penh. The opening supports Agility's network growth strategy and further strengthens its operations in Indochina.

Agility Cambodia will offer services to both locally-based and network customers operating in Cambodia, with a range of air freight, sea freight, customs clearance, warehousing and local distribution solutions. A cross border trucking service initially connecting Ho Chi Minh (Vietnam) to Phnom Penh (PNH) and Bangkok (Thailand) to Phnom Penh will be available, followed by services linking South China and Vietnam.

Agility Cambodia will also focus on other key sectors including Project Logistics in the oil and gas sector and Fairs and Events.

"Agility has a great opportunity to develop the Cambodian market as demand is growing for a broad range of freight and logistics services. We are seeing a significant increase in international trade from Cambodia to the U.S. and Europe, as well as to the rest of Asia. We have also seen an increase in cross border trade within Indochina and between ASEAN countries," said Mike Gildea, CEO, Agility, South East Asia.

Cambodia has a population of more than 14 million and imports most of its retail/FMCG/ construction material from the two neighboring countries of Vietnam and Thailand. The clothing and garment sector is important in the country and Cambodia exported 60% of its textile production to the U.S. market and 30% to the EU market in 2009, and this sector is still growing quickly.

To support its growth in Cambodia Agility has appointed Phang Sovong as General Manager, Cambodia.

About Agility
Agility is one of the world's leading providers of integrated logistics to businesses and governments. It is a publicly traded company with close to $6 billion in annual revenue and 32,000 employees in over 550 offices and 120 countries. Agility brings efficiency to supply chains in some of the globe's most challenging environments, offering unmatched personal service, a global footprint, and customized capabilities in developed and emerging economies alike

Agility's commercial division, Agility Global Integrated Logistics (GIL), is headquartered in Switzerland and provides supply chain solutions to customers in technology, retail, chemicals, and other industries. Agility Defense & Government Services (DGS) offers logistics services to governments, relief agencies and international institutions worldwide. Agility Infrastructure group companies primarily focus on opportunities in the Middle East, Africa and South Asia, providing infrastructure support in the areas of industrial real estate, customs optimization, and airline services.

SOURCE: Agility