A.P. Moller Capital Raises $243M for Morocco Transport and Logistics Investment

A.P. Moller Capital, the investment arm of the Danish shipping giant, has raised $243 million to invest in Morocco's transport and logistics infrastructure, according to a report from Splash247. The firm closed its 'A.P. Moller Capital Morocco' fund with total commitments of MAD1.64 billion ($178 million). An additional MAD6 billion ($65 million) has been pledged from the firm's 'Emerging Markets Infrastructure Fund II'. The funds will be used to invest in Moroccan port, rail, and road projects as the country looks to expand its role as a regional logistics hub. 'A.P. Moller Capital Morocco' will target investments in 'transport, logistics, and infrastructure assets' across the country. 'Morocco is an attractive market with strong economic growth, a strategic geographic location, and an ambitious infrastructure development agenda,' said Jens Thomassen, Partner and Head of Africa at A.P. Moller Capital. 'We see significant potential to invest in and develop critical transport and logistics assets that can drive the country's continued economic progress.' The fundraise comes as Morocco positions itself as a gateway to Africa, with major investments in port, rail, and road networks. The country's Tanger Med port has rapidly expanded to become one of the largest container hubs in the Mediterranean, handling over 7 million TEUs in 2021. A.P. Moller Capital's investment will support Morocco's ambitions to leverage its strategic location and develop world-class logistics infrastructure, cementing the country's role as a regional trade and distribution center.