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Special Economic Zones in the OIC Region:

Learning from Experience

115

Arab Fund for Economic and Social Development in addition to $459.8 million in capital

resources. In addition, the port operator, Marsa Maroc, is investing $407 million in

superstructure and equipment as part of the concession agreement.

The Tangier Med port 2 will contain two container terminals. Marsa Morocco is the

concessionaire of the Container Terminal 3 (TC3). Terminal 4 (TC4) is conceded to APM

Terminals.

Industrial Platform

Tanger Med Zones is the operational vehicle of TMSA in its capacity as a majority shareholder

alongside its institutional partners for the development of the industrial platform. In addition to

TMSA the Tanger Med Zones has private sector investment from CIMR, ASMA Invest, RMA,

ATTIJARIWAFA Bank and BMCE Bank.

Each of the zones within the industrial platform are managed by subsidiaries of TMSA including:

Tanger Free Zone Company;

Tanger Automotive City Company; and

Tetouan Shore Company.

Each company acts as an independent entity that each manages their own zone. However, they

are TMSA subsidiaries, which allows for helpful and fast cooperation between investors and any

other administrative unit.

Services

In addition, Tanger Med created three subsidiaries for service activities supporting the safe,

reliable and comfortable operation of all zones:

CIRES Technologies – specialises in security and safety, networks and communications

and digital infrastructure;

Tanger Med Engineering - a maritime and civil engineering consultancy created and run

by TMSA. It offers design, supervision and management services for large-scale

engineering projects. TME is responsible for the development and management of the

Tangier Port complex, overseeing infrastructure design and supervision; and

Tanger Med Utilities - TMU is a TMSA subsidiary (owned by TMSA), created to provide

high quality utilities services to Tanger Med.

Tanger Med Foundation

The Tanger Med Foundation for human development consolidates the TMSA Group’s strategy in

terms of social responsibility and sustainable development. Created in May 2007, the

Foundation supports community-based associative initiatives in the Tangier-Tetouan region.

Tanger Med Foundation supports different association-related initiatives in the northern region