Special Economic Zones in the OIC Region:
Learning from Experience
118
Economic Performance
The economic performance of the Tanger Med Zones is summarised below i
Table 5-16 – TMZs Economic Performance Summary
Economic Performance Indicator Performance Summary
Foreign Direct Investment (EUR)
A total of EUR 3.5 Billion has been invested within TMZ since
the inception of the zones which represents approximately
8% of total FDI inflows since 2003. The vast majority of this
investment was provided by Renault in 2012.101
Number of Companies within SEZ
There are currently 750 active companies within TMZs as of
2016
Direct Job Creation
In total over 65,000 jobs have been created within the Tanger
Med Zones and Port. Renault on its own created 9,600 direct
jobs.102
Indirect Job Creation
Whilst information on indirect job creation is not currently
available it is know that Renault Tanger Med have generated
more than 30,000 indirect jobs from production activities
Export Values ($)
In 2016 the Tanger Med Zones generated a total export
turnovers of EUR 5.5 billion. This accounts for approximately
25% of total Moroccan exports in 2016.103
Average Annual Output (EUR) No data is currently available on annual output.
Source: BuroHappold Analysis 2017. Interview with Tanger Med Special Agency 2017.
The impact of the Tanger Med Zones on the Moroccan economy has been significant, with over
EUR 3.5billion since its inception in the early 2000’s. The majority of this investment was
provided by Renault when they established their factory in Melloussa in 2012. This investment
101 BuroHappold Analysis 2017 and Dhaman (2016) Morocco: Inward and Outward FDI. Available from:
102 UN Economic Commission for Africa, (2017) Economic Report on Africa – 2017
103 BuroHappold Analysis 2017 and WITS (2015) Morocco Trade at a Glance.