Opens a new Special Economic Zone in Northern Morocco
12 Feb 2022
On 12 February 2022, the Fnideq Economic Activities Zone (ZAEF) opened its doors for businesses, officially welcoming the first batch of business owners. Located about twenty kilometers from the Tanger Med port, the Zone is equipped with infrastructure and equipment that meets international standards. It is part of Morocco’s large-scale vision to develop the Tetouan region including the M’diq-Frideq province. Covering an area of 10 hectares with a budget of MAD 200 million, the infrastructure project comprises 76 warehouses among other facilities. Through the project, Morocco aims to stimulate regional socio-economic development. The Zone is the fruit of the 2020 collaboration between a wide range of stakeholders, including the ministries of interior, economy and finance of Morocco.
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Type:
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Promotion and facilitation (Special economic zones)
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Industry:
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Not industry specific
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Manufacturing (Manufacture of textiles, wearing apparel, leather and related products)
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