Special Economic Zones in the OIC Region:
Learning from Experience
117
Real Estate
The following table identifies the land ownership and rental options available within each of the
Tanger Med Zones. Each zone is subdivided into plots of land, which investors can either rent or
purchase based on the zone arrangements. Additionally, investors can decide to rent or
purchase the land with pre-built buildings, or alternatively they have the option to construct
their own bespoke facilities on serviced bare land options.
Table 5-15 - Commercial and Lease Offer – Tanger Med Zones
Zone
Commercial Offer
Land Parcel / Building Lease
Rates
Land Parcel
Purchase Rates
Tanger Free Zone
Land Parcel Lease
Land Parcel Purchase
95 – 1,100 DHS / M
2
/month
600 DHS / M
2
/
month
Tanger Automotive City
Land Parcel Lease
Land Parcel Purchase
65 – 1,250 DHS / M
2
/ month
657 DHS / M
2
/
month
Tetouan Park
Land Parcel Purchase
n/a
1,800 DHS / M
2
/
month
Tetouan Shore
Building Lease
90 DHS / M
2
/month
n/a
Source: Moroccan Ministry of Industry, Investment, Trade and Digital Economy (2017)
100
The Tanger Med Zones have a comprehensive real estate offer which includes:
Sale of vacant land – transfer of ownership;
Lease of standard industrial buildings (pre-constructed) with an average contract
duration of 3, 6 or 9 years; and
Lease of bespoke industrial buildings (pre-constructed) with an average contract
duration of 10 years.
The Tanger Med Zones have an average service/estate charge of 0.5 euros per sqm per year for
land.
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0 http://www.zonesindustrielles.ma/?lang=en