Morocco Selects Bouygues Of France To Build Tangier Port
Morocco announced on 7 January that it had selected Bouygues of France to build a $322mn port in Tangier. The company and the Moroccan Government are expected to sign a memorandum of understanding in the near future for the build-and-operate (BOT) port. The Chase Manhattan Bank of New York will serve as financial advisor for the project. Once begun, construction of the port is to take at...