IFC-backed logistics hub to boost connectivity, trade in Cambodia

Cambodia is set to have its first modern, world-class logistics complex as the International Finance Corporation (IFC) recently signed a new collaboration agreement with two of the region’s leading logistics companies. The financial institution feels the new partnership will deliver a major boost to infrastructure, trade and connectivity in Southeast Asia.

The Cambodia SuperPort, or the Phnom Penh Logistics Complex (PPLC), will be developed by PPLC Support and Industrial Co. Ltd., a joint venture between Asia’s leading logistics conglomerate, YCH Group and Cambodia’s largest logistics provider, the WorldBridge Group.

As Cambodia is located in the center of the Greater Mekong sub-region, the SuperPort could serve as a regional transport and logistics hub, contributing to a shift in trade routes through Cambodia, according to an IFC press release.

In full: https://www.fibre2fashion.com/news/textile-news/ifc-backed-logistics-hub-to-boost-connectivity-trade-in-cambodia-285885-newsdetails.htm

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