Atlas Corridor
Component

Nador West Med (NWM)

port

Cities

Bouyafar
Morocco

Cost

$1.1b
$1,073,000,000

Phases

underConstruction, 2027

Objective

Reduce Regional Disparities: The project aims to accelerate and strengthen the economic and social development of the Oriental Region by improving its attractiveness and creating jobs. Strengthen Morocco's Port Services: NWM aims to enhance Morocco's port capacity in the Western Mediterranean and attract a larger share of global shipping activities. Attract Foreign Direct Investment: The project is designed to attract foreign direct investment, particularly into the industrial and logistics zones, fostering private sector development and job creation.

Description

Nador West Med (NWM) is a new Moroccan megaport and industrial zone under construction in the Bay of Betoya, near Nador, on the Mediterranean coast. It's a large-scale project designed to boost the economy of northeastern Morocco, attract foreign direct investment, and create jobs. The port will feature terminals for containers, hydrocarbons, bulk goods, and roll-on/roll-off (ro-ro) vessels, and is strategically located near major shipping routes

Finance

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$350000000 loan
European Bank for Reconstruction and Development Development bank
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$260000000 loan
African Development Bank Development bank
$187000000 loan
Arab Fund for Economic and Social Development Development bank

Operators

Societe Nador West Med S.A
Company

Contractors

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STFA
Company
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Société Générale des Travaux du Maroc
Company
Jan De Nul
Company