Rabat, June 26 -- Tanger Med 2 is the third phase of the development of the port complex Tanger Med, which benefits from a strategic position in the Strait of Gibraltar.

Located 50km west of Tangier in northern Morocco, Tanger Med includes the commercial Tanger Med 1 port, which has been operational since 2007, as well as a large passenger port.

The Tanger Med 2 extension, which began in May 2010, is worth $1.3 billion. It adds an extra 6 million container capacity (calculated in TEUs, or "twenty foot equivalent unit") to Tanger Med, which is already the biggest port in Africa.

Tanger Med 2 port will contain two container terminals, TC3 and TC4. Marsa Maroc, the main operator of ports in Morocco, will operate TC3, which has a capacity ...