Morocco to build US $1.0B port in Tangiers

Morocco has launched an international tender to select a bidder for the construction of a $1.0 billion deep sea and container harbour in the northern city of Tangiers, reported Reuters.

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By  Massoud Derhally Published  September 5, 2002

Morocco has launched an international tender to select a bidder for the construction of a $1.0 billion deep sea and container harbour in the northern city of Tangiers, reported Reuters.

According to a statement [September 4, 2002] by the project manager, Tangiers-Mediterranean Special agency, "Morocco decided to achieve a large complex of international standard, based on a large sea port on Gibraltar Strait, together with a logistic, trade and industrial free zone."

The port will be the largest in the country after that of Casablanca.

The successful contractor will be announced in mid-February 2003.

The port is expected to be complete by the end of 2006.

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