Marsa Maroc and the French conglomerate CMA CGM have officially sealed their partnership to manage the West Container Terminal at the Nador West Med port. This collaboration has resulted in the formation of a joint venture, with Marsa Maroc holding a 51% stake and CMA Terminals holding 49%. The terminal is slated to be operational by 2027, boasting an impressive annual capacity of 1.8 million TEUs, as revealed in a joint statement by both parties. «This project represents a pivotal step in establishing a premier transshipment hub in the Mediterranean, significantly enhancing Morocco's links to major global maritime routes.» It is noteworthy that Marsa Maroc and CMA CGM have partnered in a joint venture to equip and manage half of the Nador West Med container terminal, as detailed in a statement released by the French group on October 29, 2024. The previous day, Rodolphe Saadé, CEO of CMA CGM, signed a strategic memorandum of understanding in Rabat with Fouad Brini, president of Tanger-Med, during an official ceremony presided over by King Mohammed VI and French President Emmanuel Macron.
