First Independent Mena Newspaper
Nador West Med port, to be operational by the fourth quarter this year, is positioned as a sequel to the Tanger Med success on the country’s Mediterranean coast that is poised to boost growth, jobs and attract investment. King Mohammed VI chaired a meeting on January 28 on the port and urged efforts to make […]
King Mohammed VI has chaired at the Royal Palace in Casablanca this Wednesday a working meeting devoted to the new port and industrial complex of Nador West Med, which is part an efficient and complementary national port system that will boost competitiveness of the national economy, create jobs, and promote balanced territorial development. This working […]
Morocco recorded a dramatic 63% increase in foreign direct investment during the first quarter of 2025, signaling robust investor confidence in the kingdom’s industrial transformation and strategic positioning as a nearshoring hub for European markets. According to Investment Minister Karim Zidan, Morocco attracted over 9.15 billion dirhams ($992 million) in net FDI flows by March […]
On Thursday, King Mohammed VI oversaw the inauguration and inspection of several major projects forming part of the redevelopment of the Casablanca Port Complex, designed to enhance the city’s economic vitality and tourism potential. With an estimated investment of 5 billion dirhams, the initiative features the development of a new fishing port, a shipyard, a […]
Boluda Towage France, a subsidiary of the global leader in maritime towing “Boluda Corporación Marítima”, and Marsa Maroc, won a tender to ensure towing and assistance activities at Nador West Med port for 20 years, starting from the fourth quarter of 2026. The consortium will establish a joint venture to manage this operating license and […]
Marsa Maroc and Terminal Investment Limited (TIL), a subsidiary of Mediterranean Shipping Company (MSC), the world’s leading shipping group, signed a partnership agreement under which TIL will acquire a stake in the concessionary subsidiary of a container terminal at the port of Nador West Med. “Upon finalization of this agreement, which is subject to the […]
Morocco, which is already operating the Mediterranean’s largest container Port, Tanger Med, is poised to inaugurate another deepwater port dubbed Nador West Med, which would further strengthen the country’s role at the heart of global maritime traffic. While Tanger Med has a nominal capacity of 9 million containers, Nador will start with a capacity of […]
Marsa Maroc will operate the container terminal at the deep-water port, Nador West Med for 25 years, Moroccan media reported. Marsa Maroc will have to invest 200 million dirhams ($20 mln) in the terminal which will have a capacity of 3.5 million containers, L’Observateur du Maroc et de l’Afrique reported. The terminal has a depth […]
Morocco is preparing to launch a tender this summer to build a floating regasification unit in the port of Nador West Med, an energy ministry official said. A financial close is expected in 2025, with construction and entry into service seen in 2026, the official in charge of oil and gas at the ministry was […]
The African Development Bank Group has approved an additional financing of €57 million for Morocco to help finance the ongoing construction of the Nador West Med port complex. This financing completes a first funding of nearly €113 million, granted by the Bank in 2015, said AfDB in a press release, published on the sidelines of […]