BLS opens logistics center in Casablanca: Morocco’s Building Logistics Services (BLS) has inaugurated a logistics center worth USD 29.8 mn (MAD 300 mn) in Casablanca’s Tit Mellil, Morocco World News reported on Thursday. The 50k sqm logistics center has a storage capacity of 55k pallet positions.
Future plans: BLS also plans to launch several other projects in 2025 in Casablanca, Kenitra, and Fez, as well as in Agadir and other southern provinces, spanning more than 600 hectares.
ICYMI- The International Finance Corporation (IFC) said it would invest USD 37 mn into BLS back in October. The investment will support BLS’s acquisition, construction, and expansion of an undisclosed number of warehouse facilities in several Moroccan cities. Following the investment, the IFC will own a minority share in BLS.