This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:Mercator Transport sets up West Africa subsidiary 2009-10-19 09:34 ET - News Release Mr. Patrick Bazinet reports MERCATOR TRANSPORT LAUNCHES SUBSIDIARY IN WEST AFRICA Mercator Transport Group Corp. has inaugurated a subsidiary in Africa, with offices in Ghana, located in the port of Tema, at Accra's international airport and in Takoradi's industrial zone.
This new subsidiary, Mercator Ghana Ltd., will allow Mercator Transport to serve current and potential clients and partners with greater efficiency and proximity. Increasing demand for that continent, including in the natural resources sector, such as oil and mining, as well as large UN flows, justifies Mercator Transport's expansion in that area.
This secure foothold represents a key starting point for Mercator's development in West Africa. The Ghanian subsidiary's operations will be managed by Sudarsanan Pankajakshan, who has developed expertise in the transport and logistics sector on the African continent. Mr. Pankajakshan will act as president of Mercator Ghana.
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