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Morocco to Build a Modern Naval Industry

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Morocco to Build a Modern Naval Industry

(3 Minutes Read)

The state, the National Ports Agency, and professionals will fund the project under the framework of Morocco’s public-private partnership.

Morocco is set to acquire a state-of-the-art naval industry by 2030, with a port infrastructure development project that will cost around MAD 4.5 billion (US D 466 million). The project will be launched after the Casablanca shipyard construction currently underway wraps up.

According to reports, new shipyards will be built in Safi, Jorf Lasfar, Kénitra, Nador, and Dakhla. Those of Agadir and Tan Tan will be rehabilitated.  The shipyards will host the construction, storage, and repair of military, fishing, leisure, and cargo ships.

The project will also serve to maintain the national civilian and military naval fleet and develop Morocco’s shipbreaking activity to make it an important source of supply for the national steel industry.

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The state, the National Ports Agency, and professionals will fund the project under the framework of Morocco’s public-private partnership.