• Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Intelligence
    • Policy Intelligence
    • Security Intelligence
    • Economic Intelligence
    • Fashion Intelligence
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • LBNN Blueprints
  • Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Intelligence
    • Policy Intelligence
    • Security Intelligence
    • Economic Intelligence
    • Fashion Intelligence
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • LBNN Blueprints

Morocco opens bidding to run Africa’s largest shipyard

Simon Osuji by Simon Osuji
April 12, 2025
in Business
0
Morocco opens bidding to run Africa’s largest shipyard
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter

Morocco is seeking private operators to manage Africa’s largest shipyard under a 30-year contract, as the country aims to replicate the success of its booming automotive industry, Bloomberg reported.

The state-run National Ports Agency (ANP) launched a tender earlier this week, inviting bids from experienced global shipyard operators to develop, equip, and run the 52-acre site, according to ANP’s communications director, Abdellatif Lhouaoui.

Morocco is making a name for itself in the automotive industry, having spent roughly the last two decades transforming into Africa’s auto-manufacturing hub.

The country rose to become Africa’s leading car exporter after global automakers such as Stellantis NV and Renault SA set up production plants in the country, attracted by its competitive labour costs, robust infrastructure, and political stability.

Last year, China’s Gotion High Tech announced last year that it would invest 12.8 billion dirhams ($1.3 billion) to construct Morocco’s first electric vehicle battery gigafactory.

Related posts

Meet Chepkoech Too, the Kenyan woman who won a $54 million inheritance battle after a DNA test

Meet Chepkoech Too, the Kenyan woman who won a $54 million inheritance battle after a DNA test

March 10, 2026
South Africa’s richest woman welcomed home after exiting the UK to start an AI fund for South Africans

South Africa’s richest woman welcomed home after exiting the UK to start an AI fund for South Africans

March 10, 2026

Replicating industrial success

With similar conditions in place, the government hopes the shipyard will attract major players and position Morocco as a key maritime hub on the continent.

Morocco’s new $300 million shipyard in Casablanca is designed to position the country as a regional maritime powerhouse, capturing demand currently directed toward overburdened shipyards in Southern Europe.

Proposed Africa’s largest shipyard

Previously, Morocco relied on smaller shipyards in Casablanca and Agadir, which primarily catered to the fishing industry. The new facility changes that dynamic. Equipped with a 244-meter-long, 40-meter-wide dry dock and a 9,000-ton vertical ship lift, the shipyard can service commercial, military, and fishing vessels.

Crucially, the new shipyard will allow Morocco to conduct maintenance and repairs on its naval fleet domestically, reducing the need to spend foreign currency on services abroad.

This is especially significant for a country grappling with persistent trade deficits and planning to ease its currency peg by 2026.

Bidders vying for the concession contract to operate Morocco’s new shipyard will also have the option to propose a ship-building component as part of their bid.

Source link

Previous Post

Sheikh Rashid bin Hamdan meets and sends off Hamdan Center for Giftedness and Innovation team

Next Post

Sharjah Souq Al Jubail draws 400,000 visitors during Ramadan period

Next Post
Sharjah Souq Al Jubail draws 400,000 visitors during Ramadan period

Sharjah Souq Al Jubail draws 400,000 visitors during Ramadan period

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

OpenAI to Remove Non-Profit Board Control, Give Sam Altman Equity

OpenAI to Remove Non-Profit Board Control, Give Sam Altman Equity

1 year ago
How ‘Learn to Optimize’ is reshaping algorithm design and configuration

How ‘Learn to Optimize’ is reshaping algorithm design and configuration

2 years ago
YC grad RetailReady raises $3.3M for an AI warehouse app that hopes to save brands billions

YC grad RetailReady raises $3.3M for an AI warehouse app that hopes to save brands billions

2 years ago
Tanzania’s renewed drive for green energy

Tanzania’s renewed drive for green energy

8 months ago

POPULAR NEWS

  • Mahama attends Liberia’s 178th independence anniversary

    Mahama attends Liberia’s 178th independence anniversary

    0 shares
    Share 0 Tweet 0
  • Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    0 shares
    Share 0 Tweet 0
  • The world’s top 10 most valuable car brands in 2025

    0 shares
    Share 0 Tweet 0
  • Top 10 African countries with the highest GDP per capita in 2025

    0 shares
    Share 0 Tweet 0
  • Global ranking of Top 5 smartphone brands in Q3, 2024

    0 shares
    Share 0 Tweet 0

Get strategic intelligence you won’t find anywhere else. Subscribe to the Limitless Beliefs Newsletter for monthly insights on overlooked business opportunities across Africa.

Subscription Form

© 2026 LBNN – All rights reserved.

Privacy Policy | About Us | Contact

Tiktok Youtube Telegram Instagram Linkedin X-twitter
No Result
View All Result
  • Home
  • Business
  • Politics
  • Markets
  • Crypto
  • Economics
    • Manufacturing
    • Real Estate
    • Infrastructure
  • Finance
  • Energy
  • Creator Economy
  • Wealth Management
  • Taxes
  • Telecoms
  • Military & Defense
  • Careers
  • Technology
  • Artificial Intelligence
  • Investigative journalism
  • Art & Culture
  • LBNN Blueprints
  • Quizzes
    • Enneagram quiz
  • Fashion Intelligence

© 2023 LBNN - All rights reserved.