The Ministry of Commerce plans to integrate state-owned Cambodia Post’s transportation system into CambodiaTrade.com, looking to make the distribution and delivery process easier, faster and safer for small- and medium-sized enterprises (SME) and consumers that buy merchandise on the e-marketplace.

A memorandum of understanding cum technical assistance agreement was virtually signed to this effect on September 21 by ministry undersecretary of state Samheng Bora and Cambodia Post director-general Then Samvisoth.

The ministry soft-launched CambodiaTrade in mid-June to open up new pathways for the Kingdom’s SMEs to sell their wares to a broader audience and capture a slice of the growing global digital economy.

And on August 30, it entered into a partnership with Wing Bank (Cambodia) Plc, a subsidiary of local conglomerate Royal Group of Companies Ltd, to facilitate digital payments on the platform.

The ministry’s Bora welcomed Cambodia Post to CambodiaTrade, stressing that the state-owned enterprise’s presence would be of great consequence to the domestic and international distribution and delivery of ordered products.

“This collaboration, in the context of new digitalisation processes through the use of new digital technologies, will enable significant strides towards the advancement of e-commerce, especially during the Covid-19 pandemic, making it a driving force behind national economic development,” he said.

He believes that the pact will foster a strong foundation of cooperation between the two signatories that will lead to a successful link between Cambodia Post’s transportation system and the e-marketplace.

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Author: May Kunmakara

Source: The Phnom Penh Post

Publication date: 22 September 2021