Morocco’s OCP Group SA and the government of Ghana have completed the front end engineering design (FEED) for the construction of their proposed $1.3 billion joint venture fertilizer complex in Takoradi in western Ghana.
According to a report by Morocco World News, citing Ghanaian media, the project is targeted for completion in three years’ time.
OCP and Ghana’s Ministry of Food and Agriculture announced plans back in 2019 to proceed with a new 1 million mt/y fertilizer plant in Ghana (GM Sept. 6, 2019), after inking a Memorandum of Understanding (MOU) the previous year to explore the feasibility of such a plant (GM Sept. 14, 2018).
Ghana’s Minister of Food and Agriculture Owusu Afriyie Akoto, speaking at the inauguration of the Board of the country’s National Fertiliser Council in March last year had said Ghana was “optimistic on progress” to set up the plant by 2025 (GM March 25, 2022).
Under the original proposals, the plant would use natural gas from Ghana and phosphate from Morocco.