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Agence Tanger Med activates the project for the new Fnideq bonded area

As announced today Today Morocco exclusively on February 20, the project of bonded warehouses in the city of Fnideq intended to replace illegal smuggling activities at Bab Sebta is in the process of materializing.

And it is obviously the Tanger Med Agency which will ensure the realization and the piloting of the project since it has just created a subsidiary dedicated to the operation which bears the name of “Zone of economic activity of Findeq”.

The development of this new area, located in the locality of Oued Negro, will be on land belonging to TMSA and will require a global investment of 200 million DH of which 110 million will be financed by the Ministry of the Interior (70 MDH), that of industry and commerce (40 MDH), the Council of the region (80 MDH) and the Northern Provinces Development Agency (10 MDH).

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