A new commercial zone in northern Morocco has welcomed its inaugural cohort of 53 business owners.

As reported by Morocco World News, the Fnideq Economic Activities Zone (ZAEF), which is located 20 km from the Tangier-Med port, is part of a governmental plan to stimulate regional socio-economic development within the Tetouan region.

The MAD200 million ZAEF spans 10 ha and can accommodate 76 warehouses, in addition to other facilities.

According to the report, the project ‘is expected to attract a wide range of international brands seeking to expand in the region,’ and aims to boost local tourism.

22 February 2022
Image: Gallo/Getty Images