Maersk–APM signs concession for new Tanger Med 3 terminal

Maersk–APM has signed a concession agreement to develop a new container terminal at Tanger Med 3 in Morocco.

The agreement was announced by Morocco’s Royal Cabinet following a working session chaired by King Mohammed VI at the Royal Palace in Rabat. The meeting reviewed the development of Tanger Med 3 and the approaching launch of the first container terminal at Nador West Med.

Construction work on Tanger Med 3 is expected to begin shortly. The new port will be located west of Tanger Med 2 and will include 1,200 metres of quay.

The development will add annual handling capacity of 4.5 million containers. Planned investment in the project amounts to 8 billion Moroccan dirhams.

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