AN OVERALL POSITIVE PERFORMANCE IN A CONTEXT OF GLOBAL HEALTH CRISIS
• 95 new industrial projects on all Tanger Med activity zones in 2020
• 2,6 Billion dhs of private investments representing 7 458 corresponding jobs
• 59 Billion dhs of exports from Tanger Med Industrial Platform
• 9 unit extensions in 2020, generating 900 new jobs
• Private investments from 14 countries : France, Spain, South Korea, UAE, USA, Germany, India, Switzerland, Canada, Belgium, China, Italy and Ukraine
PERFORMANCE OF ACTIVE SECTORS
The business volume of Tanger Med’s activity zones reached 59 Billion dhs in 2020, down by 16% compared to 2019, due to the slowdown of activity in several industrial units during the context of the global health crisis. The corresponding sectoral performances are:
• 50 billion dhs for the automotive sector, down 22% compared to 2019
• 9 billion dhs for the other industrial sectors, including textiles and aeronautics, an evolution of 29% compared to 2019.
•The logistics flow created within Tanger Med industrial platform (including trucks and containers) amounted to 322 361 units in 2020, up by 6% compared to 2019, mainly driven by the textile industry.
At the same time, and despite a drop in incoming and outgoing flows from the automotive sector, a majority of the major Tier 1 and Tier 2 operators recorded a growth in their turnover in 2020, thanks to the development of innovative industrial technologies as well as the fulfilment of order books previously established over several years.
NEW PRIVATE INVESTMENTS
Tanger Med Industrial Platform closed the year 2020 with 95 new industrial projects, representing private investments of 2.6 billion dhs and 7 458 new jobs.
These new projects include the French group Valor, a European leader in mechanical parts, and the German group Stahlschmidt specialized in automotive wiring systems.
Among the logistics operators, new installations include the Japanese group Nippon Express, specializing in logistics and the automotive parts assembly, with a new 18,000 m² unit for its client Yazaki, as well as Emirates Logistics, a Sharaf Group subsidiary, pioneer in freight provision and logistics solutions.
In parallel, 9 companies operating within the industrial platform have launched projects to expand their activities in 2020. These extensions (new factory or extension of an existing factory) are operated in “Tanger Automotive City” and “Tanger Free Zone”, representing a projected job creation of nearly 900 new jobs.
THE DEVELOPER AND OPERATOR: TANGER MED ZONES
Tanger Med Zones, developer and operator of Tanger Med Industrial Platform, offers 360° integrated services to its clients.
Tanger Med Zones, with its administrative prerogatives, facilitates the investment of international and Moroccan operators. The company acts as a main interface for the installation, construction and operation processes.
Tanger Med Industrial Platform currently has 1100 companies in a developed area of 2000 ha, operating in more than 10 different industries.
