The revenues of the Tanger Med port have reached nearly 1.46 billion dirhams (DH) by the end of June 2021, up by 25% compared to the first half of last year.
In the second quarter of 2021, the turnover of the port division, which includes Tanger Med Port Authority (TMPA) that runs Tanger Med 1 Port and the Passenger and Ro-Ro Port, and Tanger Med 2 Port (TM2), has reached 720 million dirhams compared to 536 million DH in Q2-2020, says a press release from Tanger Med.
The turnover of TMPA increased by 11% to 985 million DH by the end of June and that of TM2 by 71% to 474 million DH, said the same source, noting that a total of 52 million tonnes of goods were processed in the first half of 2021, including 28 million tonnes in Q2-2021. Investments made in the first six months of the year amounted to 461 million DH, of which 335 million DH for TMPA and 126 million DH for TM2.
These investments relate to infrastructure projects, roads, various networks and IT infrastructures.