Country for PR: Japan
Contributor: Kyodo News JBN
Thursday, October 20 2022 - 18:00
Nippon Express Europe Establishes Two New Subsidiaries in Morocco
TOKYO, Oct. 20, 2022 /Kyodo JBN-AsiaNet/ --

- Move Aimed at Strengthening Automotive Industry-related Logistics Services -

Nippon Express Europe GmbH (hereinafter "NX Europe"), a group company of NIPPON 
EXPRESS HOLDINGS, INC., has spun off two of its existing business locations in 
Morocco -- the Morocco Branch and the Tanger Med Logistics Center -- into 
subsidiary companies, newly establishing Nippon Express Morocco SARLAU this 
past July and Nippon Express Morocco Free Zone SARLAU in August. An opening 
ceremony was held in Tangier, northern Morocco, on September 26 to commemorate 
the founding of these two companies.


Opening ceremony attendees:

Speech by President Mitsuru Saito, NXHD:

- Purpose of spin-off
The Nippon Express Group's business development in Morocco began in December 
2017 in Casablanca with the creation of the Morocco Branch, which was followed 
by the opening of the Tanger Med Logistics Center in the Port of Tanger Med in 
June 2019 to provide air/ocean freight forwarding and logistics services.

Morocco is Africa's second-largest automobile producer after South Africa, 
serving at the same time as a complementary country to Europe. It has for some 
time seen high demand for import/export, procurement, and sales logistics 
centered on the automobile industry, and an increasing number of automobile and 
automotive parts manufacturers are setting up plants in the country.

NX Europe has incorporated two of its business locations to further expand its 
own operations and reinforce its business infrastructure in support of its 
customers' operations in Morocco. Making full use of its accumulated sales and 
operational know-how, the Nippon Express Group will accelerate its efforts on 
behalf of the automotive industry, positioned as a priority industry in the 
Group's business plan.

The Nippon Express Group will be further expanding its logistics capabilities 
in Morocco and across the rest of Africa, both of which are expected to enjoy 
continuing growth, and aggressively moving into the African market by 
leveraging its global network and accrued advanced logistics know-how, all the 
while contributing to the development of its customers' business activities.

More details:

Nippon Express website:

Nippon Express Group's official LinkedIn account: