Strengthening and structuring the socioeconomic development of the Region through investments



Approximately 70% of the total investments to develop Phosboucraa since its creation have been made since 2002, when Phosboucraa became fully owned by OCP. These investments have led to significant improvements in operational efficiency and allowed for a greater consolidation of assets, including substantial improvement of the company’s sustainability overall.
The current investment program will profoundly overhaul Phosboucraa’s industrial capabilities over the 2014-2022 period. OCP Group has dedicated a significant share of its global investment program to the development of Phosboucraa (i.e. approximately 10% of the Group’s total CAPEX). This new round of investments is not only intended to ensure the long-term sustainability of the mining operations but it also aims at actively promoting the social and economic development of the Region, which is fully aligned with OCP Group’s strategy implemented in all of its mining and industrial sites, including:

Investing in regional development projects

Promoting the emergence of a local network of suppliers and subcontractors

Initiating structurally transformational projects in the areas where the Group operates