Finance

Belgian warehousing company Sea Invest will invest 350 million Euros in Côte d'Ivoire

Wednesday, 16 September 2015 15:48

The Sea Invest group, specialised in warehousing, will invest between 300 and 350 million Euros in the expansion of its activities in the Ivorian ports of Abidjan and San Pedro.

The information was announced on 11th September by the president of the group, Philippe Van De Vyvere, following a meeting with Ivorian Prime Minister Danie Kablan Duncan.

Present in Côte since 2008, the Sea Invest group is planning to build a logistic centre on a 16 hectares land in Yopougon, close to Abidjan, for an estimated investment of between 75 and 100 million Euros. This centre will have ultra-modern warehouses with capacity to stock 120,000 tons of products, parking areas and a product bagging system.

Another site: The expansion of the bulk terminal to increase its capacity to 10 million tons.

Additionally, Sea Invest has entered into a joint venture with the Ivorian public oil company for the operation and modernisation of the logistics base specialised in services aimed at the offshore oil and gas industry in Abidjan.

Finally, a new multipurpose terminal will be built close to the San Pedro Port.

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