Rabat - The French group Derichebourg has decided to invest MAD 27 million to manage the cleaning services of the El Jadida city market following its takeover.
Rabat – The French group Derichebourg has decided to invest MAD 27 million to manage the cleaning services of the El Jadida city market following its takeover.
After winning the contract to manage the delegation of cleaning services launched by the city of El Jadida in early November, French player in the provision of services for businesses as well as local and municipal authorities, Derichebourg, has allocated a budget of MAD 27 million for the management of waste in the city.
According to a French-speaking news source, the company’s contract will run for a period of 7 years. It began November 5th of this year and will involve the management and treatment of waste.
The company, which treated 75 000 tons of waste last year, has bought thirty vehicles and a multitude of bins. Guarantees have been provided by the company that all personnel are Moroccan. The CEO of Derichebourg Morocco told Moroccan news source, Usine Nouvelle:
“I am the only expatriate of the group. There are competent people in Morocco who are very well trained, know our trades and want to belong to an international group,” Thomas Derichebourg pointed out.
The French group has allocated a total of MAD 160 million for all its business in Morocco. It is currently operating in Rabat and Marrakech. Aside from the contract it won in the city of El Jadida, Derichebourg also won a contract in Bab Ighli.
According to the same source, the company recorded a profit of MAD 233 million last year and is on track to secure a ten percent increase this year.
Edited by Connie Guidon