MOROCCO. Flemingo has secured an exclusive build, operate and transfer master concession at the newly developed Tanger (Tangier) Med Port Seaport for a ten-year term with a five-year extension.
The project is scheduled to open later this year. Traffic in 2012 was in excess of two million passengers and is expected to grow rapidly, Flemingo said.
Flemingo CEO Atul Ahuja told The Moodie Report: “It’s a unique project – it was tendered by Tanger (Tangier) Med Port [a cargo and passenger port located about 40 km east of Tangier, Morocco, one of the largest ports on the Mediterranean and in Africa –Ed] to build, operate and transfer two terminal buildings on the seaport. It currently handles two million passengers but is projected to grow to five million within three years.
“They wanted a concessionaire to build and operate the terminal. It’s got duty free, convenience retail, souvenirs, a travel goods store, foreign exchange, and food & beverage including a bar and a fast food café.”