The proposed present is a corporate loan of up to USD 200 Million to support “Office Chérifien des phosphates (OCP)” implementation of the Jorf Lasfar Phosphate Hub (JPH) expansion capex program. OCP is specialized in the extraction, transformation, and commercialization of phosphate and its by-products. JPH is a 1,800 hectares industrial platform built to host ten integrated fertilizer plants. The platform has a production capacity of up to 1 MTPA of phosphorus equivalent (P2O5) per plant. Through this specialized industrial platform, OCP aims to attract major foreign investors in the sector, while offering them an opportunity to produce their phosphate products on-site and in the best conditions. As of today, the JPH development is almost completed but requires additional investments to allow for higher levels of production on-site and to meet the increasing demand of fertilizer in regional and global markets. Expansion of OCP’s Jorf Phosphate Hub (JPH) encompassing (i) the extension of fertilizer storage capacity by 200,000 additional tons, (ii) the construction of a new fertilizer loading platform, (iii) the expansion of seawater pumping and recovery capacities, and (iv) the rehabilitation of a number of ancillary facilities, including electrical, water, and security in various parts of the platform.

Morocco

African Development Bank Group

Africa MENA Countries Northern Africa

Construction Energy-Power and Electrical Computer Hardwares and Consumables

21.11.2018

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