The government adopts the conversion of the National Ports Agency into a joint-stock company to strengthen the ports sector.

The government adopts the conversion of the National Ports Agency into a joint-stock company to strengthen the ports sector.

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The government approved a project on Thursday regarding the transformation of the National Ports Agency (ANP) into a joint-stock company, along with amending Law No. 15-02 related to ports and establishing a National Ports Agency and a Port Operating Company.

The project was presented by the Minister of Equipment and Water, aiming to develop the institutional and regulatory framework of the maritime sector in order to provide the ports system with more flexible, integrated, and effective governance, according to Mustapha Baitas, the Minister Delegate in charge of Relations with Parliament and Government Spokesperson, during a press conference following the council meeting.

The project also seeks to support national sectoral strategies in the fields of industry, energy, agriculture, fishing, and logistics, alongside enhancing coordination between public and private stakeholders within a unified vision for port development, and improving the planning and management of major and complex projects, thereby bolstering the economic and regional impact of investments.

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