page_title: Economy of Tangier
section_title: Tourism
hierarchical_section_title: Economy of Tangier / Tourism
caption_attribution_description: Español: Puerto, Tánger, Marruecos English: Port, Tangier, Morocco
context_page_description: Tangier's economy is the third biggest of all Moroccan cities, after the economic capital Casablanca and the political capital Rabat.
  Tangier is Morocco's second most important industrial center after Casablanca. The industrial sectors are diversified: textile, chemical, mechanical, metallurgical and naval. Currently, the city has four industrial parks of which two have the status of free economic zone.
  The years 2007 and 2008 will be particularly important for the city because of the completion of large construction projects currently being built. These include the Tangier-Mediterranean port and its industrial parks, a 45,000-seat sports stadium, an expanded business district, and a renovated tourist infrastructure.
  Agriculture in the area of Tangier is tertiary and mainly cereal.
  The infrastructure of this city of the strait of Gibraltar consists of a port that manages flows of goods and travellers and integrates a marina with a fishing port. Artisanal trade in the old medina specializes mainly in leather working, handicrafts made from wood and silver, traditional clothing, and shoes of Moroccan origin.
context_section_description: Tangier's economy relies heavily on tourism. Seaside resorts have been increasing with projects funded by foreign investments. Real estate and construction companies have been investing heavily in tourist infrastructures. A bay delimiting the city center extends for more than seven kilometers.
  Hamptons International and Emaar have identified Tangier as a major growth area and recently unveiled Tinja, a resort on the Atlantic, twenty minutes drive from Tangier and an hour from Spain. Tangier will be made up of six distinctive communities with a hill-top community as the centre-piece.
  Typically, the resort features a wealth of recreational and leisure facilities as well as a beach and spa hotel. With this development, Emaar aims to capitalize on the rental market; a sound strategy with a current lack of quality housing available and also no tax on rental income for purchasers for five years.
  In terms of pricing, on the higher-end of the market, pricing is anywhere between US$1,575 and US$4,726 per sq m built, depending on the specifications and services which remains competitive with Europe and other Middle Eastern destinations".
caption: Port of Tangier.
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