This article was automatically translated from HIBAPRESS, the Arabic version:
Hibapress
The business volume generated by Tangier Med activity zones reached 174 billion dirhams (MMDH) in 2024, which represents a significant increase of 12.3% compared to the previous year.
This growth was reflected in different sectoral branches, with 117 MMDH for the automotive sector, up 10.38% compared to 2023, 10 MMDH for other industrial sectors, including textiles and aeronautics, down 11.11% compared to 2023 and 46 MMDH for the logistics sector, an increase of 15% compared to 2023 financial on its results.
And to note that the industrial platform of Tangier Med attracted a total investment of 10.06 MMDH in 2024, with the creation of a cumulation of 14,034 new jobs.
Thus, 95 new industrial projects representing a private investment of 3.63 MMDH and creating 11,239 new jobs were confirmed in “Tangier Med Zones” in 2024.
Among the major players installed: the German Dachser, specializing in transport and logistics, the Polish SFC Solutions, specializing in the production of waterproofing elements for the automotive sector, as well as the American group TI Automotive specializing in the production of engine supply and fluid transport systems.
In addition, the Turkish equipment manufacturers Orhan, producer of automotive parts, and American Aptiv, specializing in car wiring have consolidated their presence through new industrial extensions.
The “Tangier Tech” area, developed on an area of 87 hectares, welcomed four new players in 2024, representing a total investment of 6.43 MMDH and the creation of 2,795 jobs. Among them, the Chinese group Btr New Material, world leader in the simultaneous production of anodes and cathodes for lithium-ion batteries.
The activity zones of Tanger Med include the areas carried by “Tangier Med Zones”, a subsidiary of the Tangier Med group, and the new Mohammed VIGER Tech city, carried by the company “SATT”, the fruit of a partnership between Bank of Africa (BMCE), the Council of the Tanger-Tétouan-Al Hoceïma region, the Tanger Med group, and the Chinese company CCCC-CRBC.
These areas are developed on a footprint of 3,000 hectares, welcoming more than 1,400 companies and creating nearly 130,000 jobs in more than 10 sectors: automotive, aeronautics, textiles, health, food, electronics, renewable energies, packaging, services, and logistics.
