Morocco Investment-Nador Off Plan Development
Posted by propertyzonedirect on July 9, 2009
Nador to have its own port complex.
Nador West Med will be built in the Mediterranean Botoya Bay, 30 km west of Nador city.
As per its sister development in the city of Tangier, Nador will have its own port, “Nador West Med” , which will be a “a mega port industrial and commercial complex”
Construction work will commence next year and was revealed by the Minister of Equipment and transport, Karim Ghellab, during a press conference on Monday the 7th of July 2009.
The complex will have a tanker terminal and will be operational by 1015 – with a storage capacity of 1 to 2 million tons and a 3,000-meter quay. – The complex, will also have an integrated industrial platform (free zone) open to local and foreign investors (off-shoring), and will be built in the Mediterranean Botoya Bay, approx 30 km west of Nador city.
“Energy is at the heart of this project, which will have strategic advantages for Morocco, particularly in terms of securing hydrocarbon supplies, creating a new development hub and reinforcing Morocco’s position in the Mediterranean,” quote – Energy Minister Amina Benkhedra.
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