Categories: Economy Morocco News Z-Headlines

Morocco to Inaugurate ‘Tanger Med 2’ Port in Tangier

Morocco is expected to inaugurate the Tanger Med 2 port near Tangier before the end of the week. Tanger Med 2 is a $1.3 billion extension to Africa's already biggest port in terms of container capacity.

Rabat – Tanger Med 2 is the third phase of the development of the port complex Tanger Med, which benefits from a strategic position in the Strait of Gibraltar. 

Located 50km west of Tangier in northern Morocco, Tanger Med includes the commercial Tanger Med 1 port, which has been operational since 2007, as well as a large passenger port. 

The Tanger Med 2 extension, which began in May 2010, is worth $1.3 billion. It adds an extra 6 million container capacity (calculated in TEUs, or “twenty foot equivalent unit”) to Tanger Med, which is already the biggest port in Africa.

Tanger Med 2 port will contain two container terminals, TC3 and TC4. Marsa Maroc, the main operator of ports in Morocco, will operate TC3, which has a capacity of 1 million TEUs.

Read also: King Mohammed VI Chairs Inauguration of PSA Group’s Kenitra Automotive Plant

TC4 is licensed to APM Terminals, an international container terminal operating company headquartered in the Netherlands. TC4 has a capacity of 5 million TEUs.

Tanger Port Med already operates more than 50% of Morocco’s exports. The port handled an aggregate value of $33 billion of products in imports and exports in 2018. 

The Tanger Port Med 2 extension will only increase Morocco’s trade capacity, offering a stronger platform for exports by local production plants including French car makers Renault and Peugeot.

Renault already has a dedicated terminal. In 2018, the port handled 351,191 Renault’s for export from the Moroccan factories.

PSA Peugeot Citroen, which inaugurated its first factory in Morocco on June 20 in Kenitra, will also export through the port this year.

In April, DHL Global Forwarding, the leading international provider of air, sea and road freight services, signed a deal with Tanger Med to set up its new Africa-Europe Logistics Hub in the Tanger Med port.

“The strategic location of Tanger Med presents a huge opportunity for us. Its ability to support multi-modal connectivity, especially its maritime, as well as road connections to Casablanca and the South, will allow us to expand and enhance our customer service offering,” said Christelle Fadel, General Manager, DHL Global Forwarding, in a press release.