CAMBODIA. China Duty Free Group (CDFG) today celebrated the Grand Opening of its second downtown duty free store in Cambodia.
A CDFG spokesman told The Moodie Report that the 450sq m store, based in the southwest province of Sihanoukville, offers a range of beauty products, tobacco, wines & spirits and local items.
The opening comes almost precisely a year since CDFG unveiled its first downtown duty free store in Siem Reap, called Angkor Duty Free.
That 4,500sq m store has proven a major success, buoyed by a rapid increase in Chinese tourists to Cambodia.
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(Above and below) The Angkor Duty Free store opening represented an international breakthrough for China Duty Free Group, which is now building on its successful Cambodian debut with two more stores |
In November Angkor Duty Free signed cooperation agreements with two Chinese firms, Beijing Huachao United Assets Management and Teshehui Group, to drive up the number of Chinese tourists to Cambodia. The move was in line with the Cambodian government’s plan to increase the number of Chinese tourists visiting the nation to one million per year.
The CDFG spokesperson confirmed to The Moodie Report that the retailer will open a third Cambodian shop in Phnom Penh in August.
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How Cambodian visitor tourism has developed since 2009, with monthly peaks below |
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Tourism growth in the first nine months of 2014, and the top ten source markets below |
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