Tanger Alliance A consortium of banks to support the Marsa Maroc subsidiary

In order to finance part of the costs of building container terminal 3 at the port of Tangier Med 2, a consortium of Moroccan banks (BCP, Groupe Attijariwafa bank, BOA and CIH Bank), has just signed a long-term credit agreement in the form of of Project Finance of € 133 million, with Tanger Alliance, a subsidiary of the Marsa Maroc group, Contship Italia, Eurogate International and Hapag Lloyd.