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  • Morocco pumps billions in building ports linking Africa’s trade with Europe.

Morocco pumps billions in building ports linking Africa’s trade with Europe.

  • Posted by The.Freighters® Team
  • Categories Useful information
  • Date January 26, 2020
  • Comments 0 comment

The American Research and Studies Group, “Oxford Business Group”, shed light on Morocco’s policy in the field of port construction, which aims to develop a plan, by 2030, to have six huge ports along the coastline of the Kingdom, considering them the keys to Morocco to open up to its economic partners, It is expected to make it a gateway to trade with the African continent. According to the data of the American Foundation, Morocco relies on the ports to accomplish 98 percent of its foreign trade, which represents 100 million tons per year. The French Maritime Transport Group, “CMA CGM”, recently announced the opening of five marine lines, at the end of this year, linking Moroccan ports with other European ports.

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