A Moroccan government decree, seen by Reuters, showed that Marsa Morocco, the largest port operator in the Kingdom, intends to invest in Damerjog Oil FZE, which plans to establish an oil berth on the coast of the Gulf of Aden in Djibouti, without disclosing the value of this. Investment.
According to the decree, Marsa Morocco established a subsidiary called Marsa Maroc International Logistics, which in turn established another company called Marsa Djibouti to supervise this investment.
Marsa Al-Maghrib did not provide any comment on Reuters’ inquiries sent via email.
The investment, according to the decree, aims to strengthen the presence of “Moroccan Marina” in the field of transshipment of containers for liquid materials in East Africa, with a focus on the Ethiopian and Djiboutian markets, in addition to the markets of the region in general.
The decree also referred to the establishment of the Benin Marsa Company to manage the project to exploit Berths 1 and 5 in the Port of Cotonou in the State of Benin.
The decree stated that Marsa Maroc International Logistics was established to manage the international activities of Marsa Maroc, especially new port projects in Africa.
It is worth noting that last June, Marsa Morocco won a deal to operate a container terminal in the port of Nador in the western Mediterranean, with a capacity exceeding 3 million containers.
The company, listed on the Casablanca Stock Exchange, operates 9 ports across Morocco, including Tangier Med (1) and Casablanca.
