Nador West Med, Major Project Reflecting Long-Term Strategic Vision of HM King Mohammed VI – Forbes

Rabat – The Nador West Med port complex, whose first phase of the main container terminal is approaching operation, is a major project that reflects the long-term strategic vision of His Majesty King Mohammed VI, aimed at strengthening Morocco’s position as a maritime, industrial, logistics, and energy hub connecting Europe, Africa, and international markets, U.S. magazine Forbes writes.

This Royal Vision for strengthening maritime infrastructure and developing the industrial sector has helped make Morocco an indispensable crossroads connecting Europe, Africa, and international markets, the magazine notes, adding that the Kingdom has successfully anticipated the profound reshaping of global trade and value chains.

This project, which completes the Tanger Med offer, has to date mobilized 54 billion dirhams in public and private investment, the magazine notes, citing a statement from the Royal Office issued following a working session chaired by the Sovereign on the progress of the Nador West Med port and industrial complex.

Beyond its role as a port, Nador West Med stands out for its major energy infrastructure, notably a hydrocarbon terminal with a processing capacity of 25 million tons and a storage capacity of 400,000 m3, as well as a liquefied natural gas (LNG) terminal designed to handle 5 billion m3 per year, Forbes notes.

According to the magazine, by developing its energy infrastructure, Morocco is able to strengthen its role as a bridge between European demand and Africa’s developing energy markets, while consolidating the Kingdom’s natural gas import and storage capacities.

Through investing in connectivity, trade infrastructure, and strengthening regional integration, Morocco is now creating new opportunities for African economies, while reinforcing its position as a strategic partner of Europe, the magazine concludes.