Within the framework of the Belt & Road Initiative, Tanger Tech emerges as a pivotal economic and industrial cooperation zone. Its primary objectives encompass the attraction of significant Chinese industrial investments of high value, the generation of employment opportunities, and the strategic positioning of Tanger Tech as a smart city. This initiative underscores the shared commitment of Morocco and China to deepen their economic ties and foster mutual development.
Bridging Continents
The Sino-Moroccan Partnership
Milestones
Establishment of Strategic Partnership
His Majesty King Mohammed VI of Morocco and His Excellency the President of the People’s Republic of China, Mr. Xi Jinping, sign a joint declaration establishing a strategic partnership between Morocco and China.
Framework Agreement on Project Cooperation
During the Belt and Road summit, China Communications Construction Company (CCCC) and Tanger Tech Development Company (SATT) sign a framework agreement on project cooperation, laying the groundwork for collaboration between the two entities.
Signing of Investment Protocol and Shareholders Agreement
CCCC and the Moroccan side sign the Investment Protocol and Shareholders Agreement, solidifying their commitment to jointly investing in projects and initiatives in Morocco.
Official Launch of Tanger Tech Development Project
The board of directors for Tanger Tech Development Company (SATT) officially launches the project, marking a significant milestone in the collaboration between Morocco and China. This marks the beginning of concrete efforts to develop the Tanger Tech City project.
Composition of Tanger Tech
Masterplan
Discover our visionary project spanning 2167 hectares, featuring 947 hectares for an industrial park and 1220 hectares for a smart city. Already, 87 hectares of Free Zone land developed and ready for use, with 90% sold in the first 6 months and construction underway.
Anticipate the completion of over 400 hectares of newly developed land by 2024, while an additional 480 hectares are in the planning stage for future development.
The project boasts seamless infrastructure connectivity, directly integrated with the region’s main infrastructure.
Total surface of the project.
Industrial park surface.
Smart city surface.
Free Zone land developed and available, some companies have installed.
A Strategic Hub
Strategically positioned at the crossroads of Europe, Asia, America, and the Middle East, Morocco emerges as a pivotal player in global trade flows. Its 12 diverse regions contribute to a robust economic landscape, making Morocco an enticing destination for various economic activities. With a population exceeding 37 million, a GDP of 134.18 billion dollars, and a growth rate of 1.08% (2022), Morocco stands as a key participant in the international economic arena.
Tangier’s key position: Africa’s Premier Investment Gateway
North Morocco emerges as Africa’s prime destination for Foreign Direct Investments (FDIs).
As the second economic capital of the country, and 14 Km away from Europe, considered as a bridge between Africa and Europe, it is designed to support businesses and create jobs.
Of the world’s trade facilitated by the Strait of Gibraltar.
Export value generated by operational free zones in the region in 2023.
Free Zone Advantages
Diverse Free Zones Shaping Africa's Economic Landscape
Tangier City hosts a variety of free zones, ranked as the #1 free zone in Africa, as recognized by the Financial Times FDI Awards. Each zone plays a distinctive role in shaping the region’s economic landscape.
Fiscal Incentives
In a strategic initiative to promote economic growth and attract foreign investments, Moroccan Free Zones present a compelling set of fiscal incentives, including:
Corporate Tax
0% for the first 5 years, then, 20% starting on the 6th year
Taxes on dividends and profit shares
0% Lifetime
Customs Tax
0% Lifetime
Registration fees
0% Lifetime
Value added Tax
0% Lifetime
Stamp duty
0% Lifetime
Tanger Tech Free Zone Dynamics
Confirmed Investors
