The Tanger Med II concession awards have enriched the port's exisiting portfolio of partnerships with leading global shipping lines and terminal operators.
Tanger Med
Another good sign is that the Tangier Regional Investment Centre recently announced in August that they had assisted in the formation of 796 enterprises during the first quarter of 2008. The largest sector was services with 46.23 % followed by public works and building industry at 27.64% emphasizing Tangier's property boom , trade at 19.9% and industry 1.5%. This shows a healthy local Moroccan business development in Tangier.
The Tangier Free Zone which now hosts 352 international companies including aviation , IT and automobile construction amongst many others provides an ideal location for foreign investors to set up manufacturing plants which can export tax free to Europe and world wide locations via Tangiers Airport and the Tangier Med Hub Port . Trade agreements concluded with the US, EU , Turkey, Egypt and Jordan give added impetus to the export effort.
Tangier's geographical location makes it ideal for exporting to Europe ,Africa, the USA and the Middle East and Far East. An example of this is Morocco's export of the Logan car to Egypt in line with the Agadir agreement as announced by the Minster of Trade Mr Abdellatif Maazouz. Tunisia and Jordan will also be important markets for the Logan.
The message that cost effective manufacturing solutions can be found in Tangier has clearly got through as the US automobile manufacturer, the Delphi Group is creating 3,441 jobs in 2008 through an agreement signed with the National Agency for the Promotion of Employment and Skills (ANAPEC).
The jobs will be recruited in the Delphi Automotive Systems Morocco Unit in Tangier which already employs 2,289 workers and the new Delphi Packard Systems Morocco Unit in the Tangier Free Zone which will employ 1,1 52 workers. Delphi has become the largest car component manufacturer in Tangier. The Michigan based group present in Morocco since 1999, employs 170,000 workers in 36 countries and chose Morocco because of its attractive incentives for investment and its key geographical location.
The spectacular Renault Nissan manufacturing agreement in the Tangier Free Zone to build a euro 600 million plant to make 200,000 cars by 2010 proved that the Plan Emergence which sees Morocco as a platform for manufacturing and export to different regions is a wise and far sighted one., Further investment by the Group of another 200 to 400 million euros is envisaged depending on the vehicles produced. This automobile manufacturing plant will be the biggest in the Mediterranean and will provide 6,000 direct and up to 30,0000 indirect jobs. The Chief Executive of Renault Nissan , Carlos Ghosin commented that the plant will supply low cost cars to the international market noting that it was now impossible to achieve this level of production in Western European plants because of cost factors. This is a highly significant success for Morocco.
The Tangier Mediterranenan Port phase 1 complex has been operational since 2007. Located 35 km East of Tangier and 12 km from Europe, the Port has the Jebel Ali Free Zone Authority (JAFZA) as a partner, Terminal 1 operated by APM Terminals Tangier, an APMoller Maersk ( Denmark) subsidiary, started operations in July 2007. Terminal 2 has launched its activities in August 2008. It is operated by Eurogate Tanger whose shareholders include MSC ( Switzerland and CMA CGM (France) respectively ranked 2nd and 3rd largest shipping lines in the world , as well as Eurogate(Germany) , Contship (Italy) and Commonav (Morocco ). The Chief Executive Officer of Tanger Med is Said Mehdi and the Director is Mr Rachid Ouali.
The Tangier Free Zone which now hosts 352 international companies including aviation , IT and automobile construction amongst many others provides an ideal location for foreign investors to set up manufacturing plants which can export tax free to Europe and world wide locations via Tangiers Airport and the Tangier Med Hub Port . Trade agreements concluded with the US, EU , Turkey, Egypt and Jordan give added impetus to the export effort.
Tangier's geographical location makes it ideal for exporting to Europe ,Africa, the USA and the Middle East and Far East. An example of this is Morocco's export of the Logan car to Egypt in line with the Agadir agreement as announced by the Minster of Trade Mr Abdellatif Maazouz. Tunisia and Jordan will also be important markets for the Logan.
The message that cost effective manufacturing solutions can be found in Tangier has clearly got through as the US automobile manufacturer, the Delphi Group is creating 3,441 jobs in 2008 through an agreement signed with the National Agency for the Promotion of Employment and Skills (ANAPEC).
The jobs will be recruited in the Delphi Automotive Systems Morocco Unit in Tangier which already employs 2,289 workers and the new Delphi Packard Systems Morocco Unit in the Tangier Free Zone which will employ 1,1 52 workers. Delphi has become the largest car component manufacturer in Tangier. The Michigan based group present in Morocco since 1999, employs 170,000 workers in 36 countries and chose Morocco because of its attractive incentives for investment and its key geographical location.
The spectacular Renault Nissan manufacturing agreement in the Tangier Free Zone to build a euro 600 million plant to make 200,000 cars by 2010 proved that the Plan Emergence which sees Morocco as a platform for manufacturing and export to different regions is a wise and far sighted one., Further investment by the Group of another 200 to 400 million euros is envisaged depending on the vehicles produced. This automobile manufacturing plant will be the biggest in the Mediterranean and will provide 6,000 direct and up to 30,0000 indirect jobs. The Chief Executive of Renault Nissan , Carlos Ghosin commented that the plant will supply low cost cars to the international market noting that it was now impossible to achieve this level of production in Western European plants because of cost factors. This is a highly significant success for Morocco.
The Tangier Mediterranenan Port phase 1 complex has been operational since 2007. Located 35 km East of Tangier and 12 km from Europe, the Port has the Jebel Ali Free Zone Authority (JAFZA) as a partner, Terminal 1 operated by APM Terminals Tangier, an APMoller Maersk ( Denmark) subsidiary, started operations in July 2007. Terminal 2 has launched its activities in August 2008. It is operated by Eurogate Tanger whose shareholders include MSC ( Switzerland and CMA CGM (France) respectively ranked 2nd and 3rd largest shipping lines in the world , as well as Eurogate(Germany) , Contship (Italy) and Commonav (Morocco ). The Chief Executive Officer of Tanger Med is Said Mehdi and the Director is Mr Rachid Ouali.
Tanger Med
Built on the junction of major shipping routes this mega project costing an estimated US$ 1.3 billion will allow Morocco to open up to the world with container traffic on sea routes to the USA, Europe, Africa, the Middle East and Far East. The container terminal is able to host the largest next generation container vessels in the world and has 1,600 metres straight berth front with up to- 18 mlw depth and 500 m at-12mlw, 95 hectacres of open areas ,a nominal capacity of up to 3.5 million TEUs and connection to the railway network.
It establishes Morocco in a leading position with regard to the Mediterranean Euro zone. The Port will also develop a 15km free Trade Zone for wholesale and retail corporations and a special RoRo terminal with potentially 8 berths, harbor station and RORO/ITR parking area a capacity of 5 million passengers. A million cars and 500,000 trucks and passenger ferry with rail connection to the port,to be ready in the second quarter of 2009. There will also be a berth dedicated as a refined products storage area . This concentrates on the bunkering of vessels at the port and import of refined products for the strait's area, The concession was granted to Horizon Terminals (ENOC-UAE) . There is als a bulk and general cargo terminal with a berth at -15mlw and an open area of 15 hectares. A 54 km highway links the port to Free Zones and the Tangier Casablanca Highway.
The Tanger Med project seeks to ensure the development of the North of Morocco as a provider for European markets taking advantage of the Free Trade Agreement with Europe. Free Trade agreements with the US, Egypt, Turkey and Jordan will also help to underpin the development of Morocco's global trade.
Tangier Med port phase II is now well underway following the launch of the project in July 2007 by the Tangier Mediterranenan Special Agency (TMSA) which announced in 2008 that it had awarded consessions for deep water container terminals in terminals 3 and 4 of the Tanger Med II Port.
Terminal 3 with a throughput capacity of 3 million TEU(20 foot equivalent units) 1,600 metres of quays and 88 ha of container yard, was awarded to a consortium made up of Maersk A/S of Denmark, APM Terminals of the Netherlands and Akwa Group of Morocco. The capacity of this terminal will be mainly dedicated to Maersk line.
Terminal 4 with a throughput capacity of more than 2 million TEU , I,200 metres of quays and 54 ha of land was awarded to a consortium made up of PSA( Singapore) Marsa Maroc and SNI (Morocco). This Common user terminal will be accessible to a broad range of domestic and international shipping lines. The members of the consortiums selected by TMSA are all leading national and international operators.
AP Moller Maersk Group which will hold a 90% interest in terminal 3 is the foremost ship owner in the world with a fleet of more than 500 container ships owned by various seafreight subsidiaries. This group is also the third largest port operator in the world through its subsidiary APM Terminals, which operates an international network of more than 50 terminals in 31 countries with another 14 under development.
Akwa Group is the top ranked Moroccan energy group and the leader in the fuel and gas distribution market.It is also active I n other sectors , such as print press, telecommunications and logistics.
PSA, the world's leading container terminal operator will hold a 50% interest in the terminal 4 concession. PSA is the second largest port operator in the world. With operations in 28 ports and 16 countries , the group handled 58.9 million TEUs in 2007 including 27 million in the port of Singapore, the largest container port in the world.
Marsa Maroc is Morocco's port operator. This state owned company offers a broad range of services in 9 Moroccan ports and currently handles almost all container traffic to and from Morocco.
SNI is an investment holding with a market value of 20.4 billion dirham ( €1.8 billion). It is listed on the Casablanca stock Exchange . Its portfoiio of business interests focuses on five strategic participations . ONA Group, Lafarge Maroc, Sonasid, Wana and Somed.
Under the 30 year concession agreements to be signed between the consortiums and TMSA, the winning bidders commit to provide all superstructures and equipment needed to operate the two terminals, involving an initial investment of €600 million. The business plans of the future concessionaires anticipate a throughput of more than 5 million TEU for both terminals starting from the 5th year of operation.
The construction works of Tanger Med II will be launched at the end of 2008 once the construction contract is awarded and the financial structure is finalised. Tanger Med II terminals 3 and 4 are scheduled to start up at the end of 2012.
With the completion of the Tanger Med II project the Tanger Port Complex will have a container capacity of more than 8 million TEU and hence stand as a leading port in the Mediterranean and as a reference port in the world.
The Tanger Med II concession awards have enriched the port's exisiting portfolio of partnerships with leading global shipping lines and terminal operators. The intercontinental function of Tanger Med hub port is expected to benefit from the presence in the Terminal 4 concession of PSA, a reference Asian operator , the second largest in the world.
It establishes Morocco in a leading position with regard to the Mediterranean Euro zone. The Port will also develop a 15km free Trade Zone for wholesale and retail corporations and a special RoRo terminal with potentially 8 berths, harbor station and RORO/ITR parking area a capacity of 5 million passengers. A million cars and 500,000 trucks and passenger ferry with rail connection to the port,to be ready in the second quarter of 2009. There will also be a berth dedicated as a refined products storage area . This concentrates on the bunkering of vessels at the port and import of refined products for the strait's area, The concession was granted to Horizon Terminals (ENOC-UAE) . There is als a bulk and general cargo terminal with a berth at -15mlw and an open area of 15 hectares. A 54 km highway links the port to Free Zones and the Tangier Casablanca Highway.
The Tanger Med project seeks to ensure the development of the North of Morocco as a provider for European markets taking advantage of the Free Trade Agreement with Europe. Free Trade agreements with the US, Egypt, Turkey and Jordan will also help to underpin the development of Morocco's global trade.
Tangier Med port phase II is now well underway following the launch of the project in July 2007 by the Tangier Mediterranenan Special Agency (TMSA) which announced in 2008 that it had awarded consessions for deep water container terminals in terminals 3 and 4 of the Tanger Med II Port.
Terminal 3 with a throughput capacity of 3 million TEU(20 foot equivalent units) 1,600 metres of quays and 88 ha of container yard, was awarded to a consortium made up of Maersk A/S of Denmark, APM Terminals of the Netherlands and Akwa Group of Morocco. The capacity of this terminal will be mainly dedicated to Maersk line.
Terminal 4 with a throughput capacity of more than 2 million TEU , I,200 metres of quays and 54 ha of land was awarded to a consortium made up of PSA( Singapore) Marsa Maroc and SNI (Morocco). This Common user terminal will be accessible to a broad range of domestic and international shipping lines. The members of the consortiums selected by TMSA are all leading national and international operators.
AP Moller Maersk Group which will hold a 90% interest in terminal 3 is the foremost ship owner in the world with a fleet of more than 500 container ships owned by various seafreight subsidiaries. This group is also the third largest port operator in the world through its subsidiary APM Terminals, which operates an international network of more than 50 terminals in 31 countries with another 14 under development.
Akwa Group is the top ranked Moroccan energy group and the leader in the fuel and gas distribution market.It is also active I n other sectors , such as print press, telecommunications and logistics.
PSA, the world's leading container terminal operator will hold a 50% interest in the terminal 4 concession. PSA is the second largest port operator in the world. With operations in 28 ports and 16 countries , the group handled 58.9 million TEUs in 2007 including 27 million in the port of Singapore, the largest container port in the world.
Marsa Maroc is Morocco's port operator. This state owned company offers a broad range of services in 9 Moroccan ports and currently handles almost all container traffic to and from Morocco.
SNI is an investment holding with a market value of 20.4 billion dirham ( €1.8 billion). It is listed on the Casablanca stock Exchange . Its portfoiio of business interests focuses on five strategic participations . ONA Group, Lafarge Maroc, Sonasid, Wana and Somed.
Under the 30 year concession agreements to be signed between the consortiums and TMSA, the winning bidders commit to provide all superstructures and equipment needed to operate the two terminals, involving an initial investment of €600 million. The business plans of the future concessionaires anticipate a throughput of more than 5 million TEU for both terminals starting from the 5th year of operation.
The construction works of Tanger Med II will be launched at the end of 2008 once the construction contract is awarded and the financial structure is finalised. Tanger Med II terminals 3 and 4 are scheduled to start up at the end of 2012.
With the completion of the Tanger Med II project the Tanger Port Complex will have a container capacity of more than 8 million TEU and hence stand as a leading port in the Mediterranean and as a reference port in the world.
The Tanger Med II concession awards have enriched the port's exisiting portfolio of partnerships with leading global shipping lines and terminal operators. The intercontinental function of Tanger Med hub port is expected to benefit from the presence in the Terminal 4 concession of PSA, a reference Asian operator , the second largest in the world.
Tangier Free Zone
Colin Kilkelly- Yacout Info