Morocco’s OCP Group to invest $13 bln by 2030

Morocco’s state-owned phosphate giant,OCP Group,is set to close 2025 with investments totaling 53 billion dirhams – as part of an already announced 13 billion-dollar investment plan by 2030- driven by major projects including the expansion of fertilizer production capacity,according to a government report attached to the 2026 draft finance bill.

Published by the Ministry of Economy and Finance,the report outlines OCP’s long-term investment strategy which seeks to transform the group’s industrial,energy,and environmental model in a sustainable manner.

Key targets of the strategy include increasing fertilizer production capacity from 12 to 20 million tonnes,achieving carbon neutrality,and meeting 100% of the group’s water needs from non-conventional sources by 2025. By 2027,OCP also aims to develop 5 gigawatts of clean energy and reach a desalination capacity of 560 million cubic meters.

As of June 2025,OCP’s revenue stood at 52.16 billion dirhams,marking a 21% increase compared to the same period in 2024. However,investment spending dropped by 23% to 15.16 billion dirhams.

For the full year 2025,the group expects to post revenues of 105.33 billion dirhams,up 9% year-on-year. Net profit is projected to reach 18.43 billion dirhams,down 10% from 2024,due to a 2 billion dirham decline in financial results linked to rising financing costs.

These figures reflect OCP’s continued role as a cornerstone of Morocco’s industrial and export strategy,while also highlighting the financial pressures accompanying its ambitious transformation agenda.