The Chinese company “Zhenhua” Heavy Industries, one of the world’s leading companies in the manufacture of port cranes and large steel structures, signed an agreement with the Office Chérifien des Phosphates (OCP) group worth 200 billion centimes.
This agreement aims to develop the freight transport system at the port of the city of Safi, reflecting the commitment of both parties to improve logistics services and enhance the economic role of the port within the framework of achieving the objectives of the 2030 strategy.
According to media sources, the project aims to support the infrastructure of Moroccan ports, with a special focus on raising the efficiency of logistics operations and strengthening the position of the port of Safi as a strategic center for freight transport.
By improving logistics services, this project is expected to contribute to enhancing the competitiveness of the Office Chérifien des Phosphates and strengthening Morocco’s position as a global center for exporting
phosphate
The value of the contract is approximately 200 billion centimes, and it is expected
to complete the project delivery on site 30 months after the contract enters into force. The implementation of this contract is expected to have a significant positive impact on OCP’s financial position and operational results in the coming years. This cooperation between Chinese and Moroccan companies demonstrates the importance of strengthening international partnerships in developing infrastructure and meeting growing market needs. Improving logistics services at the Port of Safi will contribute to strengthening the Moroccan economy and raising the efficiency of transportation and distribution operations, which will have a positive impact on various economic sectors.
