Marsa Maroc and TIL conclude partnership agreement for Nandor West Med terminal
Marsa Maroc and Terminal Investment Limited (TIL) have signed a partnership agreement for TIL’s entry into the share capital of the subsidiary holding the concession of a container terminal at Nador West Med port.
Following the finalisation of this agreement, which is subject to the approval of the competent authorities, the shareholding structure of the subsidiary in charge of the terminal’s concession will consist of TIL, holding 50% minus one share, and Marsa Maroc, owning 50% plus one share of the capital and voting rights.
Marsa Maroc signed the concession agreement for a container terminal at Nador West Med in June 2024.
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