Signature d’une convention-cadre entre Sonatrach et le groupe Logitrans
Summary of the Framework Agreement Between Sonatrach and Logitrans
On Wednesday, a framework agreement was signed in Algiers between Sonatrach, the national oil company of Algeria, and Logitrans, a leading logistics transport group in the country. This ceremony took place at Sonatrach’s headquarters, attended by the company’s CEO, Rachid Hachichi, and Logitrans’ CEO, Farid Krim.
This agreement aligns with Sonatrach’s strategic goal of enhancing national production capabilities for goods and services while modernizing the local supply chain. The partnership is set to last for three years, allowing Logitrans to provide a range of services across the transport value chain. These services encompass road transport, extra-port logistics, and chartering, significantly benefiting Sonatrach’s operations.
The signing underscores Sonatrach’s commitment to supporting the national economy through sustainable partnerships with local businesses. It reflects a continuation of previous collaboration, as a prior framework agreement was established with Logitrans on December 14, 2017, for a duration of five years.
The renewal of this partnership signals Sonatrach’s ongoing support for local content development and national integration. The collaboration is seen as a vital component in fostering the country’s economic growth and enhancing local capabilities in the logistics sector.
This recent agreement not only strengthens the relationship between Sonatrach and Logitrans but also represents a broader strategy aimed at empowering local operators and stimulating Algeria’s economy through cooperation and partnership in the logistics domain.
