Russia plans to create logistics hubs in Algeria, Senegal — Industry and Trade Ministry
Roman Chekushov added that the work is underway for the hub to make it possible to attract partners from China to work together in Africa.
Russia plans to create logistics hubs in Algeria and Senegal, Roman Chekushov, head of the department of international cooperation and foreign trade licensing at the Industry and Trade Ministry, told TASS.
"The first is Algeria. There is actually an investment partner, I just can’t name it for commercial reasons. This is one of the largest logistics companies in Russia. Second point, that we are considering, is the west coast. Specifically, this is Senegal. It has the most developed port infrastructure and allows entry into the continent. Many of our friendly partners are there, the countries that receive Russian products and there are even investment projects of Russian enterprises," Chekushov said.
He added that the work is underway to create such a hub on the east coast of Africa, which will make it possible to attract partners from China to work together in Africa.
"We have not yet decided on a site, because the level of development of the port infrastructure there, to be honest, is still at the early stage. We need to look at where and with whom to work in partnership here. We have many proposals from our Turkish partners, Chinese partners to act as co-investors in the implementation of their projects," Chekushov explained.
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Russia plans to create logistics hubs in Algeria and Senegal, Roman Chekushov, head of the department of international cooperation and foreign trade licensing at the Industry and Trade Ministry, told TASS.
"The first is Algeria. There is actually an investment partner, I just can’t name it for commercial reasons. This is one of the largest logistics companies in Russia. Second point, that we are considering, is the west coast. Specifically, this is Senegal. It has the most developed port infrastructure and allows entry into the continent. Many of our friendly partners are there, the countries that receive Russian products and there are even investment projects of Russian enterprises," Chekushov said.
He added that the work is underway to create such a hub on the east coast of Africa, which will make it possible to attract partners from China to work together in Africa.
"We have not yet decided on a site, because the level of development of the port infrastructure there, to be honest, is still at the early stage. We need to look at where and with whom to work in partnership here. We have many proposals from our Turkish partners, Chinese partners to act as co-investors in the implementation of their projects," Chekushov explained.
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