600 Million Dirhams Investment at Tanger Automotive City Confirmed

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A new free zone logistics and industrial complex Tanger Med dedicated to the automotive600 Million Dirhams Investment at Tanger Automotive City Confirmed industry called Tanger City Automotive (TAC) has confirmed a private investment term worth 600 million dirhams.
Project involved is the installation of the first six industrial projects at TAC out in the challenge of the exploitation of a first tranche of 50 hectares of the TAC, developed by TFZ.
According to a city newspaper, these include new industrial projects especially American OEM Electrical Components International, a leader in the automotive and appliance, which includes the construction of a factory wiring. There is also the Spanish Europac group, European leader in the packaging, which includes the establishment of a manufacturing corrugated meet the needs of the automotive industry.
These projects confirm the regional scope of this new free zone to strengthen the commitment of the automotive industry development, the paper said.
TFZ is the developer, developer and manager of the business areas of Tanger Med. As such, TFZ developing areas of industrial, logistics and office activities, relying on a provision of infrastructure foreground, a large land bank and an industrial fabric firmly established.
This division, which focuses on industries such as automotive, aerospace and commercial services, with more than 500 companies operating on a tax base of more than 1,200 hectares.