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2 clusters · 12 sources · 4 days · First seen · Last updated

Spanish review of Moroccan maritime investment

Overview

The Spanish government is evaluating a proposal by the Moroccan semi-public company Marsa Maroc to acquire a 45% stake in Boluda Maritime Terminals (BMT) for 80 million euros. The transaction, originally announced in December 2025, is undergoing scrutiny by the Foreign Investment Board, the National Intelligence Centre, and the National Security Department to assess risks to strategic infrastructure.

Local officials, including Antonio Morales, president of the Gran Canaria Cabildo, have raised concerns regarding the impact on the competitiveness of the Port of Las Palmas and the Port of La Luz. There are fears that Moroccan involvement could allow foreign interests to influence decision-making bodies of Canary Islands port authorities or divert maritime traffic toward Moroccan infrastructure, such as the Dakhla port in Western Sahara.

The review is being conducted under legal frameworks requiring non-EU entities to obtain specific state permission for investments in strategic sectors. The final decision rests with the Council of Ministers.

Entities

Marsa Maroc · Boluda Maritime Terminals · Port of La Luz · Spain · Canary Islands

Timeline

  1. [BUSINESS] 5 sources
    Gran Canaria official warns of Moroccan investment in Boluda

    Gran Canaria's Antonio Morales warns that Marsa Maroc's proposed 45% stake in Boluda could impact the Port of La Luz and Las Palmas.

  2. [BUSINESS] 7 sources
    Spain reviews Moroccan acquisition of Boluda Maritime Terminals

    Spain is reviewing a proposal for Morocco's Marsa Maroc to acquire 45% of Boluda Maritime Terminals, amid security and competitiveness concerns regarding Spanish port infrastructure.

Sources

africa.businessinsider.com · almomento.mx · atlanticohoy.com · diariodeavisos.com · elburgado.com · kioscoinsular.com · larazon.es · libertaddigital.com · lnt.ma · maspalomasahora.com · moncloa.com · noticiasdemalaga.es