EIH, TMSA agree to renovate Qality inland port and terminal

Addis Ababa, October 5, 2022 (FBC) – Ethiopian Investment Holdings has reached an agreement with Africa’s leading global logistics gateway, Tanger Med Special Agency (TMSA), to renovate the Qality inland port and upgrade it into logistics center.

Last week, a delegation led by Ethiopia Investment Holdings CEO, Mamo Mehretu, and ESLSE CEO, Roba Megersa, paid a working visit to Morocco’s Tanger Med Special Agency.

Located in the Strait of Gibraltar and connected to 180 international ports, Tanger Med Special Agency is an international logistics center that provides access to five continents and 70 countries.

The visit aims to expand and upgrade the current service coverage of Ethiopian Shipping and Logistics Service Enterprise (ESLSE) into a global logistics center by benchmarking Tanger Med.

The delegation discussed with the CEO of Tanger Med, Mehdi Tazi Rifi, on the development and services of the inland, the opportunities to grow Ethiopia’s logistics service sector and become an investment partner.

From the visit and discussion, Ethiopian Investment Holdings and Tanger Med Special Agency signed a memorandum of understanding to work in partnership,

The agreement includes to renovate the Qaliti inland port and terminal and turn it into a logistics center.