Friday 9 January 2015

Tanger-Med

Tanger-Med is a cargo port located about 40 km east of Tangier, Morocco. It is one of the largest ports on the Mediterranean and in Africa by capacity and went into service in July 2007.[1] Its initial capacity was 3.5 million shipment containers.[2]

Overview

The Tangier-Med Project will contain the biggest port in Africa. The project is a strategic priority of the Moroccan government for the economic and social development of the North Morocco region. It is part of the economic policy orienting Morocco towards exports, based on eight clearly identified export sectors, with particular emphasis on the free trade agreement with the European Union to be implemented by 2012.
Completion of the «Tangier-Mediterranean» project will have important economic effects in terms of jobs, creation of added value and foreign investment. Its particular position on the Straits of Gibraltar, at the crossing of two major maritime routes, and 15 km from the European Union will enable it to serve a market of hundreds of millions of consumers through the industrial and commercial free zones which will be run by well-known private operators. It will also win part of the strong growth market of container transshipment and become the leading hub for cereal transshipment, a facility which is non-existent in the north-west African region at present.


 Source from wikipedia

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