Tanger Med II Port Container Terminal 3
Sector: Water Supply and Storage • Location: Morocco
Source: World Bank Group
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
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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