Stocks Market
WMCT Secures €196.7 Million Long‑Term Loan to Build Nador West Med East Terminal
West Med Container Terminal (WMCT), a subsidiary of Marsa Maroc, signed a €196.7 million Project‑Finance loan on 8 July 2026. The 15‑year facility, arranged by a consortium of Attijariwafa Bank, Banque Centrale Populaire and Bank of Africa, will fund the first phase of the East Terminal at Nador West Med, a €253 million investment slated to start operations in Q4 2026.
Listen to this article
Unlock audio versions of premium articles and more with a Pro subscription.
Financing Deal Overview
On 8 July 2026, West Med Container Terminal (WMCT), the port‑handling subsidiary of Marsa Maroc, signed a €196.7 million long‑term Project Finance agreement.
Consortium of Moroccan Banks
The loan was arranged by a consortium comprising:
- Attijariwafa Bank Group – lead arranger
- Banque Centrale Populaire Group – co‑arranger
- Bank of Africa Group – co‑arranger
Purpose and Timeline
The 15‑year facility will partially fund the construction of the first phase of the East Terminal at Nador West Med, a project with a total investment of roughly €253 million. The terminal is slated to start operations in the fourth quarter of 2026.
Strategic Context
This financing is part of Marsa Maroc’s broader strategy to develop Morocco’s maritime infrastructure and boost the country’s logistics connectivity.