• Reference: P-MA-BAA-002
  • Approval date: 29/06/2011
  • Start date: 17/07/2012
  • Appraisal Date: 01/06/2010
  • Status: OngoingOnGo
  • Implementing Agency: OCP SA
  • Location: Morocco


OCP is specialized in the extraction, development and marketing of phosphate and its by-products. It relies on substantial and economically viable reserves of phosphates estimated at 50 billion m3 representing over 75% of world reserves . Phosphate, which is mainly used in fertilizer manufacture, comes from the Khouribga, Bengu


The OCP activities have major economic impact on areas where their mines and industries are located, as well as on the national economy. Between 2007 and 2009, the OCP value-added represented on average 33% of all Moroccan public enterprises, 3% of GDP, 20% of foreign exchange earnings, 5% of investments, 33% of exports, and 40% of corporate income taxes received by the Government. Also, the OCP Group has a workforce of nearly 19000 employees and about 40,000 indirect jobs through sub-contracting in the various regions (network of over 1500 local sub-contractors). With the implementation of the programme, OCP will double its contribution to Government revenue in terms of taxes, dividends and foreign exchange resources. About 9000 new direct jobs will be created over the 10-year period (including 5800 unskilled jobs confirmed in May 2011 for the next three years), and will support the promotion of Moroccan industrial SMEs in the mining and chemical sectors. The programme will enable OCP increase and diversify the social programmes in its intervention areas, as well as its national social programmes. The JPH Platform Project will attract about 10 foreign direct investments over 10 years for a total amount of US$8 billion. Finally, the programme will generate financial and economic flows of 76 ,600 MDh (discounted at 12%), and an economic internal rate of return (EIRR) of 41%. As the major OCP shareholder, the Moroccan Government will benefit from most of these economic flows. Water: Under the programme, OCP will invest 4 billion dirhams in the area of water management in order to achieve positive assessment in regions where it operates and limit, or avoid the use of surface and underground water. Two new sea water desalination plants with a total capacity of 100 million m3 will cover the totality of the needs of the Jorf Lasfar and Safi platforms which will ultimately meet 40% of the water needs of the city of El Jadida. Furthermore, the OCP Group is developing washing plants with sludge decantation systems for recycling waste and purified water that will help save up to 7 million m3 of water annually. The wastewater recycling project of the town of Khouribga, implemented in collaboration with the ONEP (National Drinking Water Authority), will help recover 5 million m3 of water annually to be used to wash phosphates and water green spaces. Slurry Pipeline Project: The phosphates conveyance project using a wet process forms part of the environmental improvement of OCP operations. The project will help save up to 3 million m3 of water annually, about 67GWh energy as well as reduce carbon footprint and dust emission due to the current transportation of phosphate by road and railway. Climate change: The OCP Group has entrusted to Ecosecurities, an independent organization, the calculation of its carbon footprint. In 2007, the total emissions from OCP operations amounted to 3 million tonnes of CO2, chiefly due to the consumption of fossil fuels and production of phosphoric acid based on wet processing. OCP undertakes to develop strategies aimed at reducing its CO2 emissions, through greater energy efficiency in its activities, pursuit of a neutral carbon footprint entailing the financing of green projects such as the reforestation of Morocco, identification of Clean Development Mechanism projects (CDP) and renewable energy projects. In this regard, the slurry pipeline project will help reduce the carbon footprint by nearly 1 million tonnes annually by 2015 representing nearly one-third of CO2 emissions. Green Mine Project: under the programme, OCP has released 1.5 billion dirhams for a sustainable rehabilitation project involving old mining installations covering 294 hectares within the Khouribga urban area (social and cultural infrastructure, tree planting, etc.).

Key contacts

M'PENG BAYOI Daniel Constant - OPSD4


Finance source Amount
ADBUSD 156,515,097
Co-financierUSD 2,147,483,647
DeltaUSD 2,147,483,647