Medhub :

Tanger Med’s Logistics Free Zone

Logistics from a new perspective

2011

Royaume du Maroc

Agence Spéciale Tanger Méditerranée

Transhipment platform at the croassroad of main East-West and North-South maritime lines

+Immediate access to main consumption markets

Multi-purpose Industrial Zone

Industrial Vehicle Zone

Port and Logistics Complex

Commercial Free Zone

Offshore Business Zone

An industrial, logistics and Business platform Land Capital: 5 000 Ha

Tanger Med puts Morocco on the world logistics MapRegular and direct connections to more than 120 ports

Morocco’s maritime connection index 2007: 82nd worldwide2008: 33rd worldwide2009: 23rd worldwide

(source: UNCTD)

Tanger MedLogistics Free Zone Medhub

• Dedicated to logistic and light processing activities “world-world” oriented and Moroccan Market since early 2010

• Strengthening of the port competitiveness by providing an added value to the transhipment activities

• Custom Free Zone unified with the Port

Tanger MedLogistics Free Zone Medhub

Key figures:

• 250 hectares with a potential of expansion

• More than 500 million euros of investments (development and warehouses) for the phase 1

• 10 000 jobs expected to be created at the end of the first phase

• 70 millions euros already engaged for warehouse construction (100,000m²)

• First Clients : Makita (Japan) , Geodis (France)

Tanger MedLogistics Free Zone Medhub

• Plug and Play offices• Warehouses (HQE Class A) from 300

to 10,000 m² with possible expansion to 40,000 m² (rental period : 1, 5 or 10 years)

• Available serviced land plots from 10,000 m² for a rental period of 20 years +)

Medhub vision

• Capitalize on the world containers’ flow acceleration to create, develop and position the Straits of Gibraltar as a logistics hub in the West Mediterranean Region.

• Attract investors who strive to gain Market Share in one of the largest and most prosperous markets worldwide, through :– reduced logistics costs,– competitive labor rates,– hassle free business environment,– best in class services and infrastructure.

Why Medhub? Located at Europe’s doorstep and emerging North & West Africa, a

total of 600 million consumers, A world class hub, with full connectivity to international and national flows. Skilled and very competitive human resources with a very high educational and

training institutions in the region Free trade agreements : EU, US, Arab Countries and Turkey

Increased competitiveness in supply chain :– Customer service : Just in Time and Complete orders delivered,– Immediate vicinity of the Port– Reduced costs– Simplified customs procedures

Substantial fiscal and regulatory privileges :– Complete and permanent exemption from VAT and Customs duties– Exemption from corporate tax for the first five years (with a fixed rate of 8,75%

for the next twenty years)– 100% free ownership,– No control on exchange or on fund transfer – Permanent exemption of Tax on dividends if the shareholder is non Moroccan resident

Simplified procedures :  One Stop Shop 

Strength Weakness

•Long supply chain with a long transit time and non optimized cost:1) From the raw materials suppliers plants based in Asia or East Europe to the

consolidation platforms of those suppliers in West Europe2) From the consolidation platforms of the raw materials suppliers to the West

Europe consolidation platform of the operator based in Morocco3) From the West Europe consolidation platform to the plant by crossing Gibraltar

straight• A need of high quantities of stored raw material to avoid the car maker production stop

Practical case n°1 : Delivery of raw materials to the plants based in Morocco from consolidation platforms in West Europe

Main Logistic Platforms concentration in Europe

Strength Weakness

•Logistics cost optimization thanks to the flows below avoided :1) Sea connection from the Gibraltar Straight to West Europe Port2) Road connection from the West Europe Ports to the consolidation platforms of the raw materials suppliers3) Road connection from the consolidation platforms of the raw materials suppliers to the West Europe consolidation

platform of the operator based in Morocco4) Road connection from the West Europe consolidation platform of the operator based in Morocco to Algeciras5) Sea connection from Algeciras to Tanger Med•Lower transit time, lower stored quantities needed and lower storage cost•Operations smoothness thanks to the proximity of Medhub with Tanger Med port•HQE warehouses

Practical case n°1 : Delivery of raw materials to the plants based in Morocco from consolidation platforms based in Medhub

Strength Weakness

•Traction cost less thanks to the proximity of Medhub with Tanger Med port•Operations smoothness thanks to the fact that Medhub and Tanger Med port are unified zones•HQE warehouses

Practical case n°2 : Export groupage from Medhub

Thanks for your kind attention