Skip to content Skip to Search
Skip navigation

Morocco gets $188m to build three desalinisation plants

Morocco's desalination plants will provide water for OCP Group’s industrial sites and drinking water for the towns of Safi and El Jadida Unsplash.com/Engin Akyurt
Morocco's desalination plants will provide water for OCP Group’s industrial sites and drinking water for the towns of Safi and El Jadida

Moroccan fertiliser company OCP Group has secured $188 million worth of funding to build three new seawater desalinisation plants as part of the government’s emergency plan for drinking water supply.

The state-backed company signed an agreement with the African Development Bank (AfDB) to fund its green investment programme.

The construction of the new desalinisation plants will be funded through $150 million from AfDB, $18 million from the Canada-African Development Bank Climate Fund and $20 million from the World Bank-backed Clean Technology Fund.

The plants will have a total annual capacity of 110 million cubic metres, and provide unconventional water to the OCP Group’s industrial and mining sites.

Up to 75 million cubic metres of drinking water will be provided for the towns of Safi and El Jadida and the areas around the OCP’s Safi and Jorf plants. The move will benefit over 1.5 million people.

“The project will also help to optimise water-resource management in the OCP Group’s industrial activities by using desalinated seawater,” said AfDB country office manager for Morocco Achraf Tarsim.

Karim Lotfi Senhadji, finance director of OCP Group, added that the company’s sustainability objectives include achieving 100 percent renewable energy by 2027, self-sufficiency in green ammonia by 2032 and full carbon neutrality by 2040.

AfDB has invested over $13 billion across various sectors in Morocco since 1978.

Latest articles

A shopping street in Manama. Bahrain's GDP is expected to rise by 3.5% this year

Bahrain debt hits $48bn but analyst downplays spending fears

Bahrain’s public debt has risen to almost BHD18 billion ($48 billion), according to its ministry of finance, but a banking expert has downplayed concerns over its spending. Bahrain, the smallest country in the GCC bloc of six with a population of almost 1.5 million people, has dwindling reserves of oil and gas. It is partially […]

City, Urban, Metropolis The project will develop an abandoned industrial area, creating a new city quarter with retail, business, school and sports facilities

Eagle Hills signs contract for Budapest redevelopment

Abu Dhabi-based developer Eagle Hills has signed a real estate purchase agreement with Hungary to start work on transforming a rundown area of Budapest.  The project, spanning an area of 100 hectares, will have a development cost of more than €12 billion ($12.3 billion), the developer said in a statement.  The project is supported by the […]

Kuwait public service charges ministry

Kuwait ministries free to increase public service charges 

Kuwait issued a decree on Sunday that will allow ministries to set charges for public services for the first time in 30 years.  The decree, which abolishes a 1995 law, gives ministries authority to decide on fees and costs for public services, which will then be approved by the cabinet.  The government aims to better […]

Beirut, Lebanon, where public debt exceeded GDP at the end of 2023

Lebanon and Sudan swell Arab countries’ public debt

Public debt in Arab countries swelled by nearly $142 billion at the end of 2023, mainly because of a sharp rise in obligations by Lebanon and war-battered Sudan. Total debt increased despite a fall in Egypt’s public, mostly domestic, dues as a result of a large depreciation in the pound against the US dollar. The […]