Home Economy OCP Group to Invest MAD 16 Billion in Khouribga-Beni Mellal Region

OCP Group to Invest MAD 16 Billion in Khouribga-Beni Mellal Region

OCP Group to Invest MAD 16 Billion in Khouribga-Beni Mellal Region

Rabat – In 2020, the city of Khouribga will acquire a major project: the largest phosphate pretreatment facility in the world. Located in Oulad Farès, this gigantic project, realized by the OCP group, will require an investment of MAD 3.5 billion.

The project will involve the development of a stock of raw phosphate storage and retrieval, three washing lines, flotation and grinding workshops, a decanter for the evacuation of sludge, and dykes for the spreading of sludge and for the recovery of water.

This new facility , which will be highly automated, will also allow the recycling of 80% of used water, and the creation of 1,200 million working days and 200 direct jobs.

The OCP board also plans to invest a total of MAD 16 billion in the Beni Mellal-Khénifra region to finance 12 projects, including the phosphate pretreatment facility, which were the subject of an investment agreement signed a few days ago in Béni Mellal between the government and the phosphate group.

The committee also agreed on 8 projects as part of an additional investment agreement. This agreement will cover the exploitation of new mines, the development and expansion of phosphate wells and the construction of large-scale hydraulic and electrical installations (wastewater treatment plants), the CRI-BK said in a statement.

These projects, which are part of the industrial development strategy of the OCP Group, will enable the creation of 3 million working days during the implementation period and, above all, will increase the production capacity and treatment of the Khouribga area to 38 million tonnes per year by 2025, compared to 18 million tonnes at present.

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