Logistics : Kuwaiti Agility plans to build logistics park in Lomé

Investments
Friday, 07 June 2019 14:18
Logistics : Kuwaiti Agility plans to build logistics park in Lomé

(Togo First) - Kuwaiti firm Agility Global Integrated Logistics (GIL) signed last Thursday in London a letter of intent to establish in Togo a logistics park. The document was inked by the firm’s managing director for Africa, Geoffrey White, and Togo’s minister of trade and private sector, Kodjo Adedze.

Under the deal, Agility is to build a logistics park in Lomé.

Though no further detail was given, the project should contribute to the first axis of Togo’s national development plan which is to make Togo a leading logistics hub and first-class business centre in the region.

A similar initiative is being carried out by State-owned Company Togo Invest and related feasibility studies are already completed.

With its partner SOGEA SATOM, Togo Invest wants to build an area of at least 50 ha multi-purpose logistics platform as well as various other logistics installations at the exit of Lomé, said Togo Invest on its website.

Agility is Middle East’s largest logistics firm with more than 40 brands around the world, some since the mid-1800s. It claims to be “one of the world’s largest integrated logistics providers and the largest private owner and developer of industrial real estate in the Middle East and Africa.

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