- IFC approves €100 million loan for OCP Group’s 219-kilometre desalinated water pipeline in Morocco, ensuring a sustainable water supply for its operations.
- OCP aims to shift to 100% non-conventional water sources by 2024, powered by renewable energy, reducing strain on local water resources
- OCP plans to invest $611 million by 2027 to produce 560 million cubic meters of desalinated water annually, supporting long-term sustainability goals.
The International Finance Corporation (IFC) has granted a €100 million (USD 108 million) loan to OCP Group to build a 219-kilometre water pipeline in Morocco. This pipeline will transport desalinated water from OCP’s plants in Jorf Lasfar to its production facilities in Khouribga.
OCP aims to secure a sustainable water supply and reduce the strain on local water resources. Once complete, the pipeline will carry 80 million cubic meters of water annually. This project forms part of OCP’s goal to rely entirely on non-conventional water sources by 2024.
OCP has already started construction. The pipeline will allow the company to reduce its dependence on traditional water sources and reallocate water for other regional uses. OCP will also power the pipeline with renewable energy, reinforcing its commitment to sustainability and climate resilience.
By 2027, OCP plans to invest $611 million to produce 560 million cubic meters of desalinated water and 60 million cubic meters of treated wastewater annually. This investment supports OCP’s broader sustainability efforts. By using desalinated and treated wastewater, the company will operate with reduced environmental impact while fulfilling its water needs.
OCP’s new water infrastructure aligns with its more extensive water management program. The company focuses on creating sustainable, non-conventional water sources for its operations. By implementing these strategies, OCP aims to lower its environmental footprint and ensure long-term water security.
Since 2021, OCP and IFC have partnered on various projects, including solar energy development, green fertiliser production, and promoting sustainable food systems. These collaborations support the shift to more sustainable practices in Morocco and Africa.
The new pipeline advances OCP’s sustainability objectives. The company continues to shift from conventional resources to renewable ones. By relying on renewable energy to power its pipeline, OCP reduces its carbon footprint and increases the resilience of its water supply.
IFC’s support reflects its commitment to sustainable development in Africa. Over the past three years, the organisation has invested over $1 billion across various sectors. These investments promote sustainability, economic growth, and infrastructure development.
OCP’s desalinated water pipeline will also help address regional water scarcity. By reducing pressure on local water sources, the project will free up more water for surrounding communities. The pipeline will have a lasting impact on both OCP’s operations and the region.
OCP’s strong focus on renewable energy and sustainable water management reflects its dedication to long-term environmental and economic goals. Its collaboration with IFC positions OCP as a leader in sustainable industrial practices in Africa.