This ambitious project, located on the Mediterranean coast, is poised to transform the eastern region of the country.
The first phase of the port is scheduled for completion by the end of the year, marking a crucial milestone in Morocco’s bid to strengthen its position in the Mediterranean and facilitate trade between Europe and Africa. Beyond the port infrastructure, the project encompasses an Industrial Acceleration Zone designed to attract a diverse range of industries.
To bring this vision to life, Morocco has secured substantial investments from international financial institutions. The African Development Bank and the European Bank for Reconstruction and Development have each pledged €120 million, while the Moroccan government is contributing €103.5 million. These funds will be used to develop essential infrastructure, including roads, water supply, and electricity, as well as to support environmental initiatives and social programs.
The Nador West Med complex is expected to be a catalyst for economic growth and social development in the region. By creating new jobs, fostering industrial growth, and improving living conditions, the project aims to transform the predominantly rural area into a thriving economic hub.
Additionally, the port will revitalize existing industrial zones in the region, creating a network of interconnected economic centers.
With the Nador West Med project, Morocco is demonstrating its commitment to economic diversification and its aspiration to become a leading industrial and logistics center in the Mediterranean.
MN/ac/Sf/fss/abj/APA