Soon activities at MAGERWA and branches will be much quicker than before. This follows announcement by the new investor Larry lam, chairman of Portek a Singapore operator of medium sized containers and multipurpose ports.
Portek now owns 66% shares of MAGERWA and it will be in charge of the day to day activities of the once public bonded warehouse. Lam noted that much effort would be put in ensuring better customer care, better service delivery and reducing congestion at the warehouse.
The Singapore based company will also construct several dry and seaports at the two largest ports in the region situated at Mombasa and Dares salaam.
“We intend to buy several lands closer to the ports at which goods from Rwanda and region would be offloaded. Currently, the two major ports are holding more than their capacity a fact that delays activities,” he remarked.
In Rwanda more storehouses will be constructed. “With new branches cargo trucks for instance will offload quickly and service delivery would be enhanced reducing the current long queues,” he commented adding, “there will also be a reduction of miscellaneous costs.”
The minister of trade and industry Francois Kanimba hailed the new investors saying that they represent a country that has shown tremendous economic progress. “We’re happy that you bring to Rwanda professionalism and replicating some of the best practices,” said Kanimba.
The minister noted that improvement of the warehouse would be a big achievement for the landlocked country.
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