There is need to build hubs in Egypt, South Africa, Nigeria-CMA, CGM

Idealposts

CMA CGM Inland Services, CCIS said that there is need to build facilities that will enable local producers to export their goods at a lower cost, adding that an economy that does not export usually struggles to expand.
Vice President, Africa Lines CMA CGM, Pascal Hirn, stated that CMA CGM Inland Services, CCIS will open up three new hubs in Egypt, South Africa and Nigeria.
Hirn also noted that, Logistics is one of the key factors that will help to step up and secure the continent’s future development. ,
He stated that investing in deepwater terminals alone is not enough, saying that there is need to be supported by a genuine strategy within the continent.
Eric Bonnemaison shares his view: “Today, an African producer looking to export their production to another continent has to reckon with a shipping cost of €2 per kilometre for their containers. That puts it at a major disadvantage to other countries where overland transport costs are far lower. We need to build facilities that will enable local producers to export their goods at a lower cost because an economy that does not export usually struggles to expand. That is why CMA CGM Inland Services (CCIS) is to open up three new hubs in Egypt, South Africa and Nigeria—Africa’s three leading economies.”
H however stated that creating a larger number of logistics hubs in Africa helps to foster the development of the domestic markets.
“Since it acquired Delmas, CMA CGM has managed to build and expand a highly extensive network of shipping services. Rodolphe Saadé’s aim today is to develop an integrated range of transport services for the African market,” explains Paul Haéri, Vice President CEVA, Business Development Africa.