Tag: economic zone
Emerging Markets Europe Finance Headlines International Morocco

EBRD supports development of economic zone within Nador West Med industrial port with €110 Mln funding

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The European Bank for Reconstruction and Development (EBRD) has announced a loan of €110 million to support the development of an economic zone within the Nador West Med industrial port complex, located in Morocco’s Oriental region. This is the Bank’s third investment in the Nador West Med complex, following the provision of financing in 2015 and […]
Africa Algeria Asia Headlines International

Turkey’s Tosyalı Holding to launch economic zone in Senegal

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Tosyali Holding, one of the world’s leading steel giants, has announced it will open an economic zone in Senegal, the second African country to offer investment opportunities for the Turkish company after Algeria. Fuat Tosyalı, Chairman of the Turkish steel producer, made the announcement last week on the sideline of the 7th Tokyo International Conference […]
Asia Business Finance Headlines International Morocco

China Strengthens Economic Footprint in Morocco with Setting up of Economic Zone in Fez

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Morocco and the China Association for Industrial Cooperation (CAIC) have agreed to set up an economic zone in Fez offering a platform for various industries. The deal is reflective of China’s increasing interest in Morocco notably after the Kingdom signed with China’s Haite Group an agreement to set up a $10 billion industry and technology […]