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Tanger Med II Port Container Terminal 3

Sector: Water Supply and Storage • Location: Morocco

Source: World Bank Group

Project
Active

The project entails the construction of the Container Terminal 3 (TC3) of the Tanger Med 2 port in Morocco.

The proceeds are used by a consortium comprising Marsa Maroc (50%), Eurogate and Contship Italian (40%), and Hapag Lloyd (10%).

Total project cost is $212.50m USD. Financing was provided equally (EUR 33.25m - USD 40.37m each) by a group of banks: Banque Centrale Populaire (mandated arrang

Status
Prospective
Sector
Water Supply and Storage, Warehouse, Seaport, Government, Commercial
Location
Morocco
Updated
22 Jul 2026
Source
World Bank Group

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Project Information

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The project “Tanger Med II Port Container Terminal 3” is an infrastructure initiative in the Water Supply and Storage sector, located in Morocco. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency

Status

Original status

active

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

The project entails the construction of the Container Terminal 3 (TC3) of the Tanger Med 2 port in Morocco. The proceeds are used by a consortium comprising Marsa Maroc (50%), Eurogate and Contship Italian (40%), and Hapag Lloyd (10%). Total project cost is $212.50m USD. Financing was provided equally (EUR 33.25m - USD 40.37m each) by a group of banks: Banque Centrale Populaire (mandated arranger) Attijariwafa Bank (co-arranger) Bank of Africa CIH Bank The rest of the financing comes from sponsors' equity. Financial Closure was achieved in January 2021. TC3’s construction period was completed earlier this month (January 2021). The new terminal features an 18m deep, 800m long quay and annual capacity of around 1.5 million twenty-foot equivalent units (TEU). https://ijglobal.com/data/transaction/54944?name=Tanger%20Med%20II%20Port%20Container%20Terminal%203&link=%2Farticles%2F152465%2Ftanger-alliance-signs-debt-for-container-terminal-3 https://ijglobal.com/articles/152465/tanger-alliance-signs-debt-for-container-terminal-3

Original sector

Transport

Budget

Location

Country

Morocco

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Water Supply and Storage, Warehouse, Seaport, Government, Commercial

Article published date

2024-09-28

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