The Union for the Mediterranean has launched a new project LOGISMED Training Activities (LOGISMED-TA) promoted by the European Investment Bank (EIB) and funded by the European Commission (€3 million) and the Deauville Partnership Transition Fund (€3.4 million) to reinforce transport and trade in the Mediterranean.
Fathallah Sijilmassi, Secretary General of the Union for the Mediterranean (UfM), announced that LOGISMED-TA will be initially launched in Egypt, Morocco and Tunisia.
The project will be implemented in ten Mediterranean countries during the period 2013-2018 and will lead to the creation of five new logistics platforms.
LOGISMED-TA will enhance the competitiveness of the logistics in the region, complementing existing trainings programs and supporting the Mediterranean partners in their efforts to improve the qualifications of the personnel in the sector.
It will also contribute to reinforcing transport and stimulating trade flows in the region.