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Hiroshi Matano

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tanger med expansion project enhances morocco's trade and infrastructure capacity

Tanger Med is set to expand its truck and passenger terminal through a partnership with the International Finance Corporation (IFC) and the Multilateral Investment Guarantee Agency (MIGA), supported by a €197 million loan and a €203 million commercial loan led by JP Morgan. This project aims to enhance Morocco's trade capacity, create jobs, and strengthen its position as a global logistics hub, while also promoting sustainability and gender diversity within the port's management. The expansion will facilitate increased trade links between Morocco and Europe, aligning with the country's upcoming hosting of major international events.
La Releve
Euro JPMorgan Chase & Co. MAR Loubna Ghaleb David Tinel Hiroshi Matano Show more
Finance & Economy, Press Release
11:19 04.11.2024
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