AGP Executive Report
Last update: 2 hours agoPorts & Logistics: Morocco has opened Nador West Med’s first container terminal, part of a $5.5 billion port and industrial complex. The East terminal is designed to handle 3.5 million containers a year by 2030; a second terminal would lift capacity to 5.3 million TEUs. The project also includes energy facilities and a 700-hectare industrial zone, with about 34,000 jobs expected. Mining: Canadian firm Silver Hammer is considering buying a Moroccan processing plant capable of handling 200 tonnes of ore daily, but has announced no binding deal; its proposed expansion depends on raising up to C$10 million. Manufacturing: South Korean company SEOIL has opened its first African factory in Settat, with more than 270 jobs planned. Morocco’s aeronautics exports rose 22.3%, while automotive exports grew 14.3%, according to recent sector figures. Trade Infrastructure: Tanger Med plans a $2.5 billion expansion to add 4.5 million containers of annual capacity by 2031. Food Industry: The government plans tighter coordination of food exports and upgrades to wholesale markets, aiming to protect domestic supply and curb prices after years of drought.
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