A Delegation from China representing the China Communications Construction Company Ltd (CCCC) and its subsidiary China Road and Bridge Corporation (CRBC) visited Morocco part of the deployment of the Tangier Tech project, Bank of Africa (BOA) said.
A working meeting was held on Wednesday with Minister of Industry, Trade, Green and Digital Economy, Moulay Hafid Elalamy, in the presence of Moroccan partners BOA and the Tangier Mediterranean Special Agency (TMSA), the group said in a statement.
This meeting was an opportunity to discuss the Investment Agreement that will be implemented in favor of the Development Company of Tangier Tech (SATT), according to the same source.
CCCC/CRBC have formalized, in November 2020, their entry into SATT’s capital with a 35% share, alongside BOA, TMSA and the Region Tangier-Tetouan-Al Hoceima.
The Mohammed VI Tangier Tech City is intended to be a core development and growth vector for the entire African continent.
CCCC is among the Top 5 Chinese state-owned engineering and development companies. CRBC is specialized in large infrastructure projects in China and abroad.
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