Cambodian Transport Minister Sun Chanthol (C, rear) and Chinese Ambassador to Cambodia Wang Wentian (L, rear) witness the signing of a Memorandum of Understanding (MoU) between the United Nations Development Program (UNDP) and China's Shenzhen 4PX Express in Phnom Penh, Cambodia, on March 19, 2019. The United Nations Development Program (UNDP) in Cambodia and Shenzhen 4PX Express, part of the Alibaba Cainiao Logistics Group, signed here on Tuesday a Memorandum of Understanding (MoU) on building an ecosystem to nurture e-commerce and related logistics. (Xinhua/Phearum)

PHNOM PENH, March 19 (Xinhua) -- The United Nations Development Program (UNDP) in Cambodia and Shenzhen 4PX Express, part of the Alibaba Cainiao Logistics Group, signed here on Tuesday a Memorandum of Understanding (MoU) on building an ecosystem to nurture e-commerce and related logistics.

The partnership would help build capacity for Cambodian small and medium enterprises to put their products onto the global scene through Alibaba platform as well as to tap into global online products and services for Cambodia, according to Cambodian Transport Minister Sun Chanthol

The Cambodian government is committed to fostering an investor friendly ecosystem to help address the challenges in logistics and efficiency of the flow of goods and services, he added.

The ecosystem, initiated by 4PX, UNDP and partners, will eventually empower Cambodian consumers to buy and merchants to sell worldwide without any difficulties, and help the country to benefit from global market, according to Shenzhen 4PX Express.