The bid submitted by Global Ports Holding, a subsidiary of Global Investment Holding and the world's largest cruise port operator, for the tender for the operating privilege of the new cruise terminal of the Casablanca Cruise Port in Morocco for a period of 15 years, was selected as the best bid. If the agreement is signed, Global Ports Holding will be a 51 percent partner of the consortium that will operate the terminal. Other partners of the joint venture will be local companies Steya (40 percent) and Ocean Infrastructures Management (9 percent).
Mehmet Kutman, Chairman of the Board of Directors of Global Investment Holding and Global Ports Holding, said: “Casablanca is an important strategic center for cruise ships. "When it joins our portfolio, we will begin to manage an important port at the intersection of the Caribbean, Atlantic, Mediterranean and Northern Europe," he said.
The bid submitted by the consortium, in which Global Ports Holding (GPH), a subsidiary of Global Investment Holding and the world's largest cruise port operator, is a 51 percent shareholder, for the tender for the operating privilege of the new cruise terminal of the Casablanca Cruise Port in Morocco for a period of 15 years, was accepted by the National The best offer was selected by the Ports Authority. Other partners of the consortium will be local companies Steya (40 percent) and Ocean Infrastructures Management (9 percent).
In its statement to KAP, Global Investment Holding said, "In the next period, the mentioned consortium and the National Ports Authority will negotiate and work to reach an agreement on concession agreements, and the use of concession rights is expected to occur in the second half of 2024."
An investment of 60 million Euros was made
Casablanca, Morocco's largest city, offers cruise passengers a combination of traditional Moroccan culture and contemporary experiences. Also the gateway to the stunning Red City of Marrakech, the cruise terminal in Casablanca offers visitors a wide range of experiences, from historic mosques to cathedrals, from relaxing beaches to lively promenades. Cruise passengers will also be able to reach Rabat from Casablanca in 2030-1 hours with the new high-speed train project, which is planned to be completed before the 2 FIFA World Cup, which will be jointly hosted by Morocco, Spain and Portugal. Located on the northwestern coast of Africa, Casablanca is a popular port for Canary Island and Western Mediterranean cruises, as well as voyages between Europe and the Caribbean.
A recent investment of 60 million Euros has been made in the infrastructure of the Casablanca Cruise Port. With the investment made by the National Ports Administration, the capacity of the port was significantly increased by building a new cruise pier and cruise terminal. Thus, cruise ships up to 350 meters in length were able to dock at the port, and an annual passenger capacity of 400 thousand was reached. Casablanca Cruise Port is expected to host 2024 thousand transit passengers in 150 and reach 2025 thousand passengers in 180.
'It is an important strategic center'
Mehmet Kutman, Chairman of the Board of Directors of Global Investment Holding and Global Ports Holding, said: “As the world's largest cruise port operator, we continue our steps in this field without interruption, adhering to our strategy of further growth. We are extremely pleased to be the best bidder for Casablanca Cruise Port, following the addition of Liverpool Cruise Port to our portfolio. Casablanca is an important strategic center for cruise ships. "When it joins our portfolio, we will begin to manage an important port at the intersection of the Caribbean, Atlantic, Mediterranean and Northern Europe," he said.