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Home > About TFO Canada > News

Trade News

Each day TFO Canada publishes a sample of trade news on the Canadian import market along with any new, updated or changed regulations and legislations regarding international trade; countries in which TFO Canada offers services and on the export sectors which it promotes.


Morocco plans port upgrades worth $1bn

Monday, April 20, 2015 > 11:24:15

(Trade Arabia)

Morocco will invest a total of €1 billion ($1.08 billion) in port modernisation, €350 of which will be spent on new installations at Casablanca, a report said.A three-million TEU capacity box terminal will also be built at Nador, located close to the Spanish enclave of Melilla, with the remaining €750 million, according to Ports Strategy.Other new facilities will enable handling of 25 million tonnes of petroleum, seven million tonnes of coal and three million tons of general cargo, the report said.New infrastructure will be built by the state-owned Nador West Med. For 2015, €3.2 billion of public money will be spent on this project, with the rest to follow by 2030, according to the report.

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