Marsa Maroc inks 25-year concession for Nador West Med Eastern Container Terminal

Marsa Maroc inks 25-year deal to operate Nador West Med Eastern Container Terminal

Marsa Maroc and the Port of Nador West Med (NWM) have signed a 25-year concession agreement to operate the 3.4 million TEU Eastern Container Terminal.

The Supervisory Board of Marsa Maroc authorised the signing of the concession in a meeting on 25 June for the terminal, which features 1,520 linear metres of quay, with a depth of 18 metres and 70 hectares of open spaces.

The facility will also be equipped with 15 quay gantry cranes and 45 park gantry cranes of the latest generation.

To carry out the first phase of the East Container Terminal, the commissioning of which is planned for 2027, Marsa Maroc will commit an investment envelope estimated at €200 million ($215 million).

Earlier in May, the Philippine Ports Authority (PPA) turned over the management and operation of the Iloilo Commercial Port Complex (ICPC) to Visayas Container Terminal (VCT).

Just recently, Adani International Ports Holdings Pte Ltd. (AIPH), a wholly owned subsidiary of Adani Ports and Special Economic Zone Ltd. (APSEZ), signed a 30-year concession agreement with the Tanzania Ports Authority.

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