Morocco to privatise 52 per cent of maritime company Comanav
2006-08-11
 [File] Ibrahimi |
The Moroccan government announced the planned privatisation of 52 per cent of its shares in maritime company Comanav on Thursday (10 August). The announcement was made by the company's Managing Director Toufiq Ibrahimi, who added that a tender will be launched in September/October. He says the remaining 48 per cent of shares, which are equally owned by public funds managing group CDG and the Moroccan Bank of Exterior Commerce, are not involved in the privatisation.
Comanav said a transfer commission will convene in September to decide on the final privatisation plan, adding that the finance ministry and the commission expect bids to be made by the end of December and the contract awarded shortly thereafter. (MAP, L'Economiste, Aujourd'hui Le Maroc)
Email to a friend
Print version
We welcome your comments on Magharebia's articles.
It is our hope that you will use this forum to interact with other readers across the Maghreb. In order to keep this experience interesting, we ask you to follow the rules outlined in the comments policy. By submitting comments, you are consenting to these rules. While Magharebia.com encourages discussion on all subjects, including sensitive ones, the comments posted are solely the views of those submitting them. Magharebia.com does not necessarily endorse or agree with the ideas, views, or opinions voiced in these comments. This is a moderated forum. Comments deemed abusive, offensive, or those containing profanity may not be published.
Magharebia's Comments Policy