Buildings & Logistic Services (BLS) announced today at a press conference in Casablanca the largest investment program in the logistics sector, amounting to 2.1 billion dirhams for the fiscal years 2025 and 2026. This investment program is in addition to the 300 million dirhams allocated to the Casa Hub platform, located in the province of Médiouna in Sidi Hajjaj, covering an area of 51,500 m2, inaugurated in December 2024. Moncef Belkhayat, CEO of BLS, on this occasion, delivered a letter of intent to Mr. Ghassan El Mechrafi, Director General of the Moroccan Agency for the Development of Logistics (AMDL), confirming Buildings & Logistic Services' intention to implement this ambitious investment program over 2025 and 2026, which includes: * Acquisition of the Lkhyayta Hub platform and its extension to reach over 50,000 m2 * Acquisition of a 60,000 m2 platform in Casablanca * Acquisition and construction of a 15,000 m2 platform on a 200,000 m2 land plot in Mohammedia * Acquisition of two logistics platforms in Tangier with a total area of 30,000 m2 * Construction of new logistics platforms in Kenitra, Meknes, Tetouan, and Marrakech with a total area of 30,000 m2 * Construction of a minimum of 100,000 m2 as part of AMDL's strategic multi-flow massification program This program will enable BLS to consolidate its position as a leader in integrated logistics in Morocco, create 1,000 additional jobs in supply chain professions, double its logistics capacity to 1 million m2 of assets compared to 500,000 m2 today, and increase pallet positions to 500,000 from the current 250,000 under management. BLS will have a presence in 34 sites across 19 Moroccan cities, including Agadir, Ain Atiq, Ait Melloul, Bouskoura, Casablanca, Fez, Guerguerat, Kenitra, Khouribga, Lkhyayta, Marrakech, Meknes, Mohammedia, Nador, Oujda, Salé – Bouknadel, Tangier, Tetouan, and Tit Mellil. « Strong and impact-focused partnerships are essential to drive sustainable growth, » said Cheick-Oumar Sylla, IFC Regional Director for North Africa and the Horn of Africa. « By supporting the development and operations of leading logistics companies like BLS, IFC helps strengthen the sector's competitiveness, position Morocco as a regional trade and logistics hub, and create new jobs. » About BLS Founded in 2011, Buildings & Logistic Services (BLS) is a subsidiary of the H&S Invest Holding Group, partnered with investment funds STOA and IFC (a member of the World Bank Group). A key player in the sector, BLS positions itself as a « Full Logistic Service Provider, » offering customized and integrated solutions covering the entire logistics chain. Present in 12 Moroccan cities, BLS manages 500,000 m2 of assets and has a capacity of 250,000 pallet positions, with strategic locations in Casablanca, Mohammedia, Rabat-Salé, Agadir, Marrakech, Fez, and Tetouan. Buildings & Logistic Services operates in five key areas: * Warehousing & Contract Logistics (3PL) * Transport & Distribution * Freight & Transit * Copacking & Product Valorization * Logistics Asset Management Driven by a responsible and sustainable approach, BLS combines logistics performance, environmental respect, and employee development, with innovation and operational excellence as the pillars of its growth. About IFC IFC, a member of the World Bank Group, is the largest global development institution focused exclusively on private sector investments, operating in over 100 countries worldwide. IFC promotes economic development and improves living conditions by encouraging private sector growth in developing countries through high-impact projects, mobilizing other investors, and sharing its 60 years of experience in private investment development. About STOA STOA is an investment vehicle with share capital held 83.3% by Caisse des Dépôts et Consignations and 16.7% by the French Development Agency (AFD), aiming to invest 600 million euros in equity and quasi-equity in emerging and developing countries' infrastructure sectors. STOA benefits from the complementary expertise of its two shareholders: Caisse des Dépôts, a long-term institutional investor with a significant and proven investment history, and AFD, a French public investment bank with in-depth knowledge of STOA's target markets. Within their joint strategy, these two institutions are fully committed to playing a key role in the four major transitions: energy and environmental, digital, territorial, and demographic.
