Morocco’s National Ports Agency (ANP) is preparing to roll out a major investment plan worth 3.3 billion dirhams between 2026 and 2028. Detailed in a government report accompanying the draft 2026 finance bill, the initiative allocates nearly 75% of its budget to infrastructure development, signaling a strong focus on modernizing and strengthening the country’s port network.
The funding will be distributed across three years (1.04 billion dirhams in 2026, 1.13 billion in 2027, and 1.12 billion in 2028). Beyond expanding port capacity, the plan aims to bolster resilience against climate risks. Other key priorities include upgrading digital systems, streamlining port procedures through digitization, cutting carbon emissions, and improving resource management across the board.
On the financial front, the ANP expects steady revenue growth during the same period, projecting 2.89 billion dirhams in 2026, 2.9 billion in 2027, and surpassing the 3 billion mark in 2028. These forecasts come on the heels of a strong first half of 2025, where the agency reported 1.47 billion dirhams in revenue—a 7.2% increase compared to the previous year. Net profit also climbed by 7.3% to reach 246 million dirhams. Capital expenditures grew even faster, rising 11.5% to hit 207.5 million dirhams.
For the full year 2025, the agency anticipates closing with 2.93 billion dirhams in revenue, an operating profit of 745 million, and net earnings projected at 376 million. Investment spending is expected to total 720 million dirhams. Meanwhile, debt levels continue to decline, with end-of-year forecasts putting the agency’s total debt at 5.24 billion dirhams.
