The European Bank for Reconstruction and Development (EBRD) has recently granted a loan of 200 million euros to the OCP Group to finance the construction of two seawater desalination plants in El Jadida (Jorf Lasfar) and Safi. This ambitious project, which combines environmental and industrial challenges, is part of a comprehensive strategy for sustainable water resource management.
Project Objectives
The new desalination infrastructures primarily aim to meet the water needs of OCP’s industrial facilities, necessary for the production of phosphate fertilizers. At the same time, they will help provide drinking water to local populations in regions facing water stress, exacerbated by prolonged drought.
A Major Investment for the Future
This financing is part of a broader 13 billion dollar program launched by the OCP Group for the period 2023-2027. In addition to desalination, the project includes the integration of renewable energy to power the group’s facilities, with the ambition of becoming carbon neutral by 2040. Ultimately, the desalination plants are expected to produce 560 million cubic meters of water per year by 2026.
Strategic Support from the EBRD
By supporting this project, the EBRD reaffirms its confidence in the leadership of the OCP Group to adopt innovative and sustainable solutions. This partnership echoes Morocco’s broader policy aimed at modernizing its water infrastructure and enhancing its resilience to climate change.
An Initiative for a Sustainable Future
This project illustrates Morocco’s efforts to combine economic development and environmental preservation. By investing in advanced desalination and water management technologies, the Kingdom addresses immediate needs while laying the groundwork for a more resilient and sustainable economy. This strategic partnership represents an important step towards responsible water management in the context of climate change and the growing scarcity of water resources.