Credit: Marsa Maroc
The port company Marsa Maroc has announced that it is investing an as yet undisclosed sum in Damerjog Oil FZE, a company responsible for building an oil and gas port on the coast of the Gulf of Aden in Djibouti, the Reuters news agency reported. Moroccan government decree consulted this Monday.
A subsidiary of Marsa Maroc, Marsa Maroc International Logistics was created to handle the company’s African expansion plans. She will thus manage the Marsa Djibouti branch, in order to supervise this investment. This should make it possible to strengthen the presence of the Moroccan company in the logistics supply chains of East Africa, according to the decree.
Earlier, Marsa Maroc International Logistics had also created Marsa Bénin for the operation of terminals 1 and 5 of the port of Cotonou in Benin. The Moroccan port company signed a partnership with Bénin Manutentions SA for the management of these terminals last July.
Last November, Marsa Maroc also signed a partnership in Liberia with the Liberian National Ports Authority (NPA), for the management of the modernization and expansion of Liberia’s main ports.
-In Morocco, the port company won the contract to operate the Nador West Med East Container Terminal, with a capacity of 3.4 million Twenty-foot Equivalent Units (TEU).
Listed on the Casablanca Stock Exchange, Marsa Maroc manages nine ports nationally, including Tanger Med 1 and Casablanca.
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