Jafza International has signed a ten year agreement to manage the logistics free zone at Tangier Med, the port complex under development in Morocco. The agreement between Tangier Med Special Agency (TMSA) and Jafza International supersedes the co-operation agreement awarded to Jafza last year for technical advice.
As part of the deal, Jafza plans to incorporate state-of-the-art telecommunications, offering a full range of facilities including serviced plots of land as well as pre-built warehouses and offices.
“We are excited to be reinforcing our partnership wih Jafza International and our links with Dubai. We believe our facility has the potential to become a leading logistics hub for the region and we look forward to working with Jafza International to make Tangier fulfill this potential,” said Saeed Alhadi, president, TMSA.
Now that Jafza International has been awarded the contract, the company is in the process of assembling a management team. Additionally, Jafza International has conducted a four month feasibility study into Tangier’s suitability for a logistics free zone, with both the port and free zone at Tangier Med due to open in September 2007.
“This contact with TMSA reinforces our partnership with Tangier, and we will offer enhanced service levels to our customers. We are honoured to have been selected by the TMSA to develop this key trade centre,” said Mohammed Sharaf, managing director, Jafza International.For all the latest business news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
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