{"id":4270,"date":"2024-10-29T15:04:45","date_gmt":"2024-10-29T15:04:45","guid":{"rendered":"https:\/\/alfanouscar.com\/blog\/?p=4270"},"modified":"2024-10-29T15:04:45","modified_gmt":"2024-10-29T15:04:45","slug":"plan-to-invest-139-billion-dirhams-to-drive-sustainable-growth-and-innovation-in-key-sectors","status":"publish","type":"post","link":"https:\/\/alfanouscar.com\/blog\/plan-to-invest-139-billion-dirhams-to-drive-sustainable-growth-and-innovation-in-key-sectors\/","title":{"rendered":"Plan to invest 139 billion dirhams to drive sustainable growth and innovation in key sectors."},"content":{"rendered":"<p>Morocco\u2019s leading phosphate producer, OCP, has unveiled an ambitious investment plan totaling over 139 billion dirhams (about US$13 billion) set for the years 2025 to 2027. This substantial funding is part of the draft finance bill for 2025 and will be used to support various projects focused on the company\u2019s sustainable development.<\/p>\n<p>Here&#8217;s a brief breakdown of the investment allocation: <\/p>\n<ul>\n<li><strong>2025:<\/strong> 45 billion dirhams<\/li>\n<li><strong>2026:<\/strong> 52 billion dirhams<\/li>\n<li><strong>2027:<\/strong> Over 42 billion dirhams<\/li>\n<\/ul>\n<p>These resources will be aimed at expanding operations, enhancing efficiency, and cultivating new sustainable technologies.<\/p>\n<p>OCP has demonstrated significant growth in recent years, with expectations to reach a turnover of nearly 102.65 billion dirhams in 2024, marking a 12% increase from the previous year. The net profit is also forecasted to grow by 15%, hitting 16.5 billion dirhams, while investments are projected to rise by 64% to 44.8 billion dirhams.<\/p>\n<p>In 2023, OCP launched two new desalination plants located in Jorf Lasfar and Benguerir. This initiative ensures a self-supply of non-conventional water for its operations at Jorf Lasfar, while also providing drinking water to the cities of Safi and El Jadida.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Morocco\u2019s leading phosphate producer, OCP, has unveiled an ambitious investment plan totaling over 139 billion dirhams (about US$13 billion) set for the years 2025 to 2027. This substantial funding is part of the draft finance bill for 2025 and will be used to support various projects focused on the company\u2019s sustainable development. Here&#8217;s a brief [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":3401,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rank_math_lock_modified_date":false,"footnotes":""},"categories":[13],"tags":[836,1031,680,58,1316,958,1378,1764,3022,555],"class_list":["post-4270","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-billion","tag-dirhams","tag-drive","tag-growth","tag-innovation","tag-invest","tag-key","tag-plan","tag-sectors","tag-sustainable"],"_links":{"self":[{"href":"https:\/\/alfanouscar.com\/blog\/wp-json\/wp\/v2\/posts\/4270","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alfanouscar.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alfanouscar.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alfanouscar.com\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/alfanouscar.com\/blog\/wp-json\/wp\/v2\/comments?post=4270"}],"version-history":[{"count":1,"href":"https:\/\/alfanouscar.com\/blog\/wp-json\/wp\/v2\/posts\/4270\/revisions"}],"predecessor-version":[{"id":4271,"href":"https:\/\/alfanouscar.com\/blog\/wp-json\/wp\/v2\/posts\/4270\/revisions\/4271"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alfanouscar.com\/blog\/wp-json\/wp\/v2\/media\/3401"}],"wp:attachment":[{"href":"https:\/\/alfanouscar.com\/blog\/wp-json\/wp\/v2\/media?parent=4270"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alfanouscar.com\/blog\/wp-json\/wp\/v2\/categories?post=4270"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alfanouscar.com\/blog\/wp-json\/wp\/v2\/tags?post=4270"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}