Rabat-Morocco’s state-owned Office Cherifien de Phosphate (OCP) is reported to be opening up for foreign investment, according to Reuters and other wire services. OCP had not responded to inquiries at press time. Citing a statement from OCP, Reuters said OCP has opened to foreign direct investment a world-class integrated facility, the Jorf Phosphate Hub located at Jorf-Lasfar, with a port that can accommodate vessels of up to 100,000 mt. OCP reportedly is eyeing the investment of $2.5 billion over the next five years to boost Morocco’s position as a central platform for the phosphate industry. Investors would receive tax and real estate benefits and direct access to phosphate products at lower costs. OCP is reported to be eyeing investors in the European Union, India, Brazil, U.S., and Pakistan.
Transparency Across the Fertilizer Value-Chain