Casablanca – In a significant step to enhance Morocco’s logistics infrastructure, the OCP Group, one of the world’s largest producers of phosphate, has secured a groundbreaking partnership with Shanghai Zhenhua Heavy Industries (ZPMC), a Chinese leader in port equipment manufacturing. The deal, valued at more than $200 million, is aimed at modernizing the bulk handling system at the Port of Safi, a key strategic port located on Morocco’s Atlantic coast.

The partnership, announced on December 30, 2024, underscores the commitment of both parties to bolster Morocco’s industrial capabilities as part of the country’s Vision 2030 strategy, which focuses on improving port efficiency and reinforcing its position as a global leader in phosphate exports. As a leading producer of phosphates and fertilizers, OCP’s role in facilitating efficient cargo handling at Safi is vital for its ongoing efforts to maintain a competitive edge in global markets.

ZPMC, a state-owned giant in the heavy equipment sector, is known for its manufacturing expertise in cranes and large-scale industrial equipment. With a dominant share in the global port machinery market, ZPMC’s partnership with OCP promises to bring cutting-edge technology to Safi’s operations. The project will see the supply and installation of advanced bulk cargo handling equipment, which is expected to significantly boost the port’s efficiency and capacity.

The delivery of the new equipment is scheduled for completion within 30 months, marking a major milestone in the modernization of Morocco’s port infrastructure. The deal, which is set to enhance Safi’s logistics services, will not only improve the efficiency of phosphate exports but also position the port as a strategic hub for global trade.

ZPMC’s global footprint is extensive, with over 20 transport vessels in its fleet, and its equipment can be found in more than 120 major ports worldwide. This will be the first collaboration of its kind in Morocco, and the project’s success could open doors to future projects that expand Sino-Moroccan trade and investment ties.

Beyond the immediate economic benefits, the agreement carries substantial long-term strategic importance. Both companies expect that the partnership will contribute positively to their financial growth, boosting OCP’s ability to manage an ever-expanding global customer base and helping ZPMC strengthen its competitive standing in the global market for port machinery.

In addition to its direct business benefits, this agreement highlights the growing economic and trade relations between Morocco and China. As both countries work together to expand infrastructure and improve global competitiveness, this project at the Port of Safi is seen as a model for future bilateral collaborations in diverse sectors, from logistics to high-tech manufacturing.

This development reflects Morocco’s ambition to diversify its economy, create new job opportunities, and establish itself as a pivotal player in global trade while reinforcing its status as a phosphate powerhouse.