Freight News, Logistics

Panalpina adds Africa bases

[ January 19, 2015   //   Chris ]

Panalpina has opened new bases in Morocco and Kenya to take advantage of growing opportunities, particularly in the energy and infrastructure sectors.

Morocco has emerged in recent years as a leader in the region’s wind power generation. Investment in solar power technology, such as the Noor-Ouarzazate Solar Complex, is helping reduce its dependence on fossil fuels.

The discovery of major oil resources in northern Kenya has brought leading oil companies into the region and Panalpina holds service agreements with many of them. The construction of a new port in the northern coastal city of Lamu also reinforces the need for on-the-ground support, as the building of roads, a rail link and a pipeline will soon be underway. “Expanding our global presence is part of Panalpina’s overall strategy, especially in growth economies such as Morocco and Kenya,” says regional CEO for the Middle East, Africa and CIS , Peter Triebel. “With strong prospects in the two countries, especially in the energy and infrastructure sectors, establishing a formal presence is an important part of our long-term market growth and customer satisfaction objectives.”

Tags: Panalpina