Tanger Med €450m extension to TIR truck terminal supported by IFC, JP Morgan Chase and MIGA
The project, which includes dykes and an embankment reclaimed from the sea, will be financed in part by the company’s funds and major bank loans, including a €255 million loan from JP Morgan Chase, guaranteed by MIGA. The International Finance Corporation (IFC) is expected to contribute €200 million.
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▪ Tanger Med €450m extension to TIR truck terminal supported by IFC, JP Morgan Chase and MIGA
▪ The project, which includes dykes and an embankment reclaimed from the sea, will be financed in part by the company’s funds and major bank loans, including a €255 million loan from JP Morgan Chase, guaranteed by MIGA. The International Finance Corporation (IFC) is expected to contribute €200 million.
▪ https://www.africabusinessplus.com/en/817948/tanger-med-launches-e450m-expansion-of-tir-truck-business/
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