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Marsa Maroc, the main operator of ports in Morocco, is set to make a strategic investment in Djibouti's Damerjog, a venture aimed at constructing an oil platform along the Gulf of Aden coastline.
This development was reported by Reuters, which cited an official Moroccan government decree. The decree reveals that Marsa Maroc has established a subsidiary, «Marsa Maroc International Logistics». This entity has further created «Marsa Djibouti», a company tasked with overseeing the investment in Djibouti.
Despite inquiries from Reuters, Marsa Maroc has not provided any comments regarding these developments. The investment initiative is designed to bolster Marsa Maroc's footprint in the transshipment of liquid containers across East Africa.
The focus will particularly be on the Ethiopian and Djiboutian markets, as well as the broader regional landscape. Additionally, the decree mentions the formation of «Marsa Benin», a company that will manage the exploitation of berths 1 and 5 at the Port of Cotonou in Benin.
«Marsa Maroc International Logistics» was established to handle the international ventures of Marsa Maroc, with a specific emphasis on new port projects across Africa, as outlined in the decree.
