West Med Container Terminal, a subsidiary of Marsa Maroc, has secured €196.7 million in financing for the first section of the East Terminal at the Nador West Med port complex. The funding is structured as a 15-year project finance deal.
The Nador West Med project, located in northeastern Morocco, is a major infrastructure initiative aimed at creating a deep-water port and industrial zone. The East Terminal is a key component of this development.
According to Marsa Maroc, the financing will support the construction and equipment of the terminal, which is expected to enhance the port's container handling capacity. The project aligns with Morocco's strategy to become a regional logistics hub.
No additional details on the lenders or specific terms of the agreement were disclosed in the verified sources.
