📋 Tender Overview
Project Number: 49203
Company Name: OCP S.A.
Date SPI Disclosed: May 21, 2024
Country: Morocco
Region: North Africa and Horn of Africa
Projected Board Date: Jun 25, 2024
Environmental Category: B
Status: Pending Approval
Department: Regional Industry - MAS Africa
Industry: Manufacturing
Sector: Phosphatic Fertilizer
Project Description
The Project consists of a corporate debt facility to OCP SA for the design and construction of a 219km pipeline to bring the desalinated water produced in OCP’s existing and future desalination plants in Jorf Lasfar to reservoirs located near its extraction sites in Khouribga (the Project ). With a capacity of 80 million m3 p.a., the pipeline is designed to transfer desalinated water to several discharge locations at Beni Amir Expansion, Khouribga Basin and Beni Amir wash plant. The Project is part of OCP’s sustainability strategy that aims to supply 100% of its water needs from non-conventional sources by 2024.
Total Project Cost and amount and nature of IFC's Investment: The Project cost is estimated at approximately US$486 million. The proposed IFC investment comprises up to EUR 100m A-Loan for IFC’s Own Account.
Financing Sources:
2) World Bank (WB)
1818 H Street, NW Washington,
DC 20433 USA
Tel : (202) 473-1000
https://www.worldbank.org/
