Commercial transactions at the port of Tanger Med increase by 11 percent compared to 2021

The number of commercial transactions achieved by the Tanger Med port authority increased by 11% over the previous year, reaching more than 2 billion dirhams at the end of September.

The Tangier Med Port Authority announced, in a statement, that the investments amounted to 544 million dirhams, especially related to infrastructures, roads, various networks and information technology infrastructures. While the indebtedness of the port amounted to 10.1 billion dirhams, of which 5 billion dirhams was related to the bond loan, which is the indebtedness that maintained the same level compared to the end of 2021.

The Tangier Med Port Authority also revealed that the equivalent of 84 million tons of goods were processed at the end of September 2022, while the equivalent of 28 million tons were processed during the third quarter of 2022.