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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.

10

0 http://www.zonesindustrielles.ma/?lang=en