Marsa Maroc, TIL conclude agreement on Nador West Med

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Marsa Maroc, TIL conclude agreement on Nador West Med
Marsa Maroc and Terminal Investment Limited (TIL) a subsidiary of MSC Group, have signed a partnership agreement for TIL’s entry into the share capital of the subsidiary holding the concession of a container terminal at Nador West Med port.

Following the finalisation of this agreement, which is subject to the approval of the competent authorities, the shareholding structure of the subsidiary in charge of the terminal’s concession will consist of TIL, holding 50 per cent minus one share, and Marsa Maroc, owning 50 per cent plus one share of the capital and voting rights.

As a reminder, Marsa Maroc signed the concession agreement for a container terminal at Nador West Med in June 2024.

This terminal, provided with 1,520 linear meters of quay, 18 metres of depth, and 70 hectares of yards, will offer 3.4 million TEUs at full capacity.

READ: MSC revamps Senegal and Mauritania service

The commissioning of the first phase of this new terminal is scheduled for the beginning of 2027.

Last summer, Marsa Maroc and the Port of Nador West Med signed a 25-year concession agreement to operate the 3.4 million TEU Eastern Container Terminal.

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