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    Kuwait’s Agility breaks ground on Ghana logistics hub

    January 20, 20153 Mins Read
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    Gulf logistics leader begins first of five distribution parks in Africa as part of a continent-wide strategy to consolidate its regional presence

    Kuwait-based logistics company Agility has begun construction of a distribution park on a 16-hectare site in the Tema Port Free Trade Zone Enclave in Accra, just three months after the company announced plans for five industrial park projects in Africa.

    The first phase of the Agility Distribution Park at Tema will provide logistics infrastructure to local, regional and global companies operating in Ghana from the last quarter of 2015, comprising 100,000m2 of bonded and non-bonded warehouses with ancillary services. Agility is committed to developing a network of quality in Africa, providing reliable, modern and secure routes in and out of the region.

    Geoffrey White, Africa CEO for the firm, said: “Agility is committed to developing a network of quality distribution parks in Africa, providing much needed routes in and out of the region and the reliable, modern and secure infrastructure companies need to grow their business.”

    The parks will focus on providing power, IT connectivity and security for tenants — creating an international platform from which companies can efficiently operate their businesses.

    White added: “Ghana is an attractive location to launch the network of Agility distribution parks thanks to a long-term stable and transparent government, fast-growing GDP and increasing prominence as a regional commercial hub in West Africa.”Related article Baker Hughes launches its Multimodal Facility Expansion in Angola

    Expansion supports company’s localization strategy and serves as hub to serve customers in Angola and Southern Africa region

    Agility CEO Tarek Sultan initially revealed his plans for 2015 in October last year, to support supply chains for the oil and gas industry in Africa, in countries such as Angola and Ghana.

    The additional push into Africa comes after Agility’s core logistics and freight businesses witnessed a 7% drop in revenue to $2.28bn in H1 2014, following a 3% drop over 2013.

    “Globally, revenues have been affected by conditions that have challenged the freight forwarding industry,” Sultan said, and Agility only kept profit growth by keeping salaries and benefits flat in the first half of 2014, even as net income climbed by 11% to $83.3m.

    Agility already operates in 11 countries in Africa, with a significant involvement in ports on the continent, as a result of significant historic investment and a sustained expansion drive.

    Agility Logistics rebounds in emerging markets, eyes Angola, Ghana | Booming GCC trade logistics presses demand for new ports | Ghana Cyber City: West Africa’s first technology park

    Agility is committed to developing a network of quality in Africa, providing reliable, modern and secure routes in and out of the region.

    Africa Agility Agility Distribution Park Angola freight forwarding Ghana industrial park projects IT Kuwait power Tarek Sultan Tema Tema Port Free Trade Zone Enclave west africa
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