In its recent report on global shipping, UNCTAD (United Nations Conference on Trade and Development) praised the remarkable development of the port of Tangier Med.
“Tangier Med has recorded the largest absolute increase in its index in the world during the first decade of operation since 2007,” said UNCTAD, which also said that thanks to an investment of 3.5 billion euros deployed in the extension of the Tangier Med port complex, its processing capacity has tripled from 3 million to 9 million TEUs.
Indeed, since 2007, the success of the first Tangier Med complex has helped to install the Kingdom on the international maritime scene. The new platform, Tanger Med 2, inaugurated on June 28, 2019 by Prince Moulay El Hassan, brings the container terminal capacity of the Moroccan Tangier Med complex to 9 million twenty-foot equivalents (TEU) and makes it the first port for containers (ahead of Port Said in Egypt and Durban in South Africa) and the first port in the Mediterranean in terms of capacity.
According to the report, Port Said in Egypt and Tangier Med in Morocco are the main African ports in the Mediterranean region. “Port Said and Tangier Med both provide extensive transhipment services, benefiting from their geographic position and private sector investment from major port operators worldwide,” UNCTAD reports.