Posted on April 5, 2016
Port operator APM Terminals to develop a new transshipment terminal in Tangier with an annual capacity of five million TEUs. APM Terminals MedPort Tangier will become operational in 2019, serving multiple trades and will be the first automated terminal in Africa.
The 30-year concession of APM Terminals MedPort Tangier will complement the current operations of the existing APM Terminals Tangier facility.
APM Terminals has been named as the operator of a new container transshipment terminal at the Tanger Med 2 port complex. APM Terminals already operates the APM Terminals Tangier facility at Tanger Med 1 port, which started operations in July of 2007 and handled 1.7 million TEUs in 2015. The new terminal will have annual capacity of five million TEUs. Total investment in the new terminal is expected to be EUR 758 million.
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