Morocco: Huawei to build a regional logistics hub in Tanger Med
(Ecofin Agency) - Huwaei announces that it will set a regional logistics center in Morocco. The infrastructure will be built in Tanger Med, the port of the town presented as an international logistics hub connected to 180 ports in the world. Once operational, the regional center will provide Huawei some advantages over its competitors. It can for instance quickly send its products to countries near Morocco.
This new investment is one of the results of Morocco’s participation in the Forum on China-Africa Cooperation (FOCAC) held on September 3 and 4, 2018. During the international meeting, Peng Zhongyang, vice-president of Huawei, revealed the group’s intention to Saad Eddine El Othmani, Morocco’s prime minister. The vice president explained that their interest was spurred by Morocco’s exceptional geographic situation, its great political stability, the rich cultural diversity, and the adequate business environment.
Peng Zhongyang also informed that Huawei was ready to support Morocco in its digital transformation via the "Morocco digital 2020" strategy and share its international experience in cutting-edge technology with Moroccan institutions.