The Port of Tanger Med is cargo port located on the Strait of Gibraltar about 40 km east of Tangier, Morocco. The port is connected to more than 170 ports in 77 countries providing a processing capacity of 9 million containers and 700,000 trucks.
Morocco aims to increase the port’s container handling capacity to 4.5 million TEUs by the end of 2019.
The port is the largest port on the Mediterranean and in Africa by capacity. The port entered into service in July 2007 with an initial capacity of 3.5 million shipping containers.
The port is a strategic priority of the Moroccan government for the economic development of the North Morocco region.
About USD $1.6bn has been invested in Tanger Med 2 to expand is capacity, according to Reuters.
The Tanger Med 2 will feature two terminals managed by Marsa Morocco and APM Terminals.
Morten Engelstoft, chief executive officer at APM Terminals, said, “APM Terminals has a long-term relationship with Morocco and we are proud to be operating the second container terminal in the Tanger Med port complex.”
Tanger Med has recently launched the third phase of its expansion in the shape of Tanger Med port 2 in a ceremony led by Mohammed VI, King of Morroco, and further strengthened its position as the most innovative port in Africa and as a major trade hub.