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Tanger Med Zones Launches Outlet Commercial Project in Northern Morocco

Tanger Med Zones Launches Outlet Commercial Project in Northern Morocco

Tuesday, 23 November, 2021 - 10:30
Tanger Med Zones has launched a new outlet commercial project in northern Morocco.

Tanger Med Zones has launched a new outlet commercial project in northern Morocco.


“As part of its job as a planner-developer, Tanger Med Zones, a subsidiary of the Tanger Med group, has started the development of the new commercial zone located between Tetouan and M’diq at Cabo Negro, with an area of 70 hectares,” a statement read.


The first 30-hectare tranche will be delivered in April 2022.


IKEA, the Swedish-origin Dutch-headquartered multinational conglomerate that designs and sells ready-to-assemble furniture, was the first to begin the construction process on an area of more than three hectares, with 19,000 square meters covered. The opening is scheduled for summer 2022.


According to the statement, 10 hectares have been allotted as a central space of the new shopping area and is expandable to 20 hectares, designated for public commerce.


Similar to the mega international outlets, this project will provide a new shopping experience in north of the kingdom, where international clothing and accessories brands will open their shops.


The facilities will also include entertainment areas, playgrounds, restaurants, etc.


This project aims to support tourist activity by creating a shopping and entertainment destination.


On Nov. 29, the group will start receiving CVs to select a specialist investor / operator with the skills required for the development, promotion and management of outlet projects.


Tanger Med Zones has developed nearly 2,000 hectares, including six activity zones for industry, logistics and services. It has more than 1,100 companies that contributed to creating nearly 90,000 jobs.


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